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$BASED Hyperliquid Ecosystem Under Pressure: BASED Drops 8.8%
BASED is now trading at $0.126, down 8.8% in 24 hours.
What's behind it:
· A whale dumped ~115,470 HYPE (approx. $5M) on the same Hyperliquid ecosystem
· Capital rotation within the ecosystem is draining liquidity from BASED
Key levels to watch:
· Support: $0.112–0.116
· Resistance: $0.14–0.145
The long-term narrative remains intact, but short-term selling pressure is evident. Tonight's Fed decision is another variable.
Buy the dip or stay aside? Drop your take below.
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