A Close Under Support Would Open a 13% Drop Toward HYPE's Next Floor

Three Things to Know ICE plans a U.S. market for HYPE perps, and a late regulatory caveat cooled the excitement. HYPE still trades above its key moving averages, and momentum readings favor buyers. A daily close below support near $85 would expose the late-October low. The owner of the New York Stock Exchange wants to list Hyperliquid perpetual futures in the U.S. A quick amendment then tied the plan to regulators, and big holders sold into the news. For HYPE, the timing is tricky. The token has rebounded hard this week. Fresh supply from a recent unlock and whale exits now test that recovery. ICE Plans a U.S. Venue for Hyperliquid Perps, Then Adds a Caveat Intercontinental Exchange (ICE) disclosed the plan on October 29.

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