Hyperliquid’s HYPE token fell 17% over the past week to trade at $72.49, despite listings on South Korean exchanges Upbit and Bithump on November 10. Selling pressure increased after two large holders sold $109 million worth of HYPE on October 31 and Binance reopened withdrawals on November 8. The weekly and daily indicators show weakening momentum, with the weekly RSI at 51.07 and the daily RSI at 35.35. If the $70.44 support breaks, HYPE could target the $69.03 retracement level, followed by $61.16 if selling continues.
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