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Robinhood's (HOOD) tokenized equity is battered by negative sentiment after two of its engineers were charged with insider trading using perpetual contracts on the Hyperliquid platform prior to crypto asset listing announcements. This case strikes a blow to the company's internal surveillance credibility amidst tight regulatory monitoring. Technically, price action was sharply rejected from the resistance at $116.11 (Rp2050422) and is currently attempting to find a footing at $111.06 (Rp1960764). Dominating selling pressure in the market is projected to press the asset value to test the minor support boundary at $106.42 (Rp1878845) over the next 3 days. Should that liquidity zone fail to be defended, HOOD risks sliding much deeper toward the macro floor at the $83.90 (Rp1481255) mark.
Constructive official case settlement statements or unexpected quarterly earnings releases could dampen panic. This falling structure is void if buying thrust successfully breaches the risk ceiling at $116.11 (Rp2050422).
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