Hyperliquid stays below its $82.16 daily EMA20 as bearish trend holds

As of November 8, 2026, HYPE trades at $77.48 on Binance , leaving the Hyperliquid price setup bearish on the daily chart despite tentative hourly stabilization. The dominant force remains downside pressure, with the shorter-term balance resembling a pause rather than a confirmed reversal. All indicator readings use completed candles. Key takeaways HYPE trades at $77.48, well below the daily EMA20 at $82.16 , keeping the daily structure firmly bearish. The daily RSI at 40.2 with a falling MACD histogram confirms weakening momentum without reaching oversold territory. The hourly MACD histogram remains positive but flat, while declining hourly RSI at 47.1 offers scant confirmation of strength. An hourly close above $77.50 triggers a tactical recovery scenario; a close below $77.39 activates the bearish continuation.

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