Hyperliquid (HYPE) Price: Months of Gains Now Rest on One Support Zone

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TLDR Hyperliquid (HYPE) trades near $73.61, down 1.14% on November 9 and about 24% below its October high near $97. HYPE is testing the $73–$76 support zone, where an ascending trendline meets a former resistance area. US spot Hyperliquid ETFs saw $13.4 million in net outflows from November 4 to November 6. Hyperliquid Strategies (PURR) holds about 38.9 million HYPE at a blended cost of $56.35 per token. RSI sits at 36.12 and MACD is negative, while analyst Nebraskangooner points to a head and shoulders pattern breaking down. Hyperliquid (HYPE) traded near $73.61 on Monday, November 9. That is a daily drop of 1.14%. The token sits close to a key support area after a recent pullback. HYPE is about 24% below its October highs near $97.
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