Mountain Protocol’s USDM natively deploys on ZKsync Era
Launch of USDM on ZKsync Era: Mountain Protocol has introduced its yield-bearing stablecoin, USDM, on the ZKsync Era platform, allowing users to earn a 4.7% annual yield from tokenized Treasury bills while utilizing it in decentralized finance (DeFi) activities.
Functionality and Availability: Both USDM and its wrapped version wUSDM are now available for trading on the ZKsync DEX SyncSwap, enhancing the ecosystem's yield rates, although USDM is not accessible to U.S. citizens or residents of restricted jurisdictions.
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Technical Analysis for HYPE
Technical Sentiment Analysis for Hyperliquid (HYPE) As of , Hyperliquid (HYPE) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 3 indicators are flashing buy, while 1 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for HYPE stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, HYPE is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Hyperliquid (HYPE) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 17.756 | 23.117 | 27.702 | 33.063 | 37.648 | 43.009 | 47.594 |
| Fibonacci | 23.117 | 26.917 | 29.264 | 33.063 | 36.863 | 39.21 | 43.009 |
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