HYPE: $1.06M Long Liquidated at $88.50

HYPE longs continue to face forced exits as 0x1add suffered liquidation of 11,796 tokens valued at $1.06M while retaining a 47,184 HYPE position worth $4.24M with the updated liquidation level now at $88.50.

Price action on the 4h chart places HYPE at $89.84 inside a bearish structure defined by EMA50 resistance at $91.63 and EMA200 support at $83.43, with MACD at -0.38 confirming the death cross and RSI at 39.81 remaining neutral; the token tests the lower Bollinger band near $90.32 while upper resistance sits at $93.89, suggesting further downside pressure toward the $88.50 liquidation zone before any rebound attempt.