HYPE: Float Shrinks as Purr Launches Spot TWAPs
HYPE at $72.76 sees float contract as Purr executes nightly spot TWAPs plus 2m AF buy, without aqav2 adding 500k daily.
SourceAnalysis
Purr initiated nightly HYPE TWAP purchases entirely in spot while the AF executed another 2m buy, accelerating float reduction beyond prior pace.
Price sits at $72.76 inside Bollinger Bands with upper resistance at $77.64 and lower support at $56.3. EMA50 at $64.4 and EMA200 at $58.04 anchor the bullish structure. MACD golden cross at 3.6 reinforces momentum while RSI(14) at 67.92 leaves room before overbought territory. A measured pullback toward the 50-EMA would align with continued accumulation before any extension toward the upper band.
Pentoshi
@Pentosh1Builder at Beam and Sophon, advancing decentralized technology solutions.