Hyperliquid (HYPE) is experiencing its first significant correction after a major rally, falling back from the $75-76 range toward the crucial $58 support while holding above its 100-day EMA at $57. Near Protocol (NEAR) is consolidating above its support cluster between $1.82 and $1.87, with major resistance at $2.00-$2.10 that buyers have failed to break. Shiba Inu (SHIB) displays one of the weakest large-cap structures, trading below all major moving averages with support at $0.0000042. Dogecoin (DOGE) is trading at $0.072, below all major moving averages but showing greater stability than SHIB with declining volatility throughout July. All four assets remain technically bearish as the market appears to be searching for a bottom rather than accelerating into a new wave of selling.
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