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Everyone’s ignoring $HYPE /USDT—but the 4h RSI just flashed a 34.55 oversold signal at 95% confidence.
$HYPE /USDT - LONG
Trade Plan:
Entry: 70.604 – 71.486
SL: 66.807
TP1: 74.223
TP2: 76.342
TP3: 79.521
Why this setup?
Why now? The 1D trend is bullish, yet 15m RSI is deeply oversold. Entry at 71.045 with tight SL at 66.807 means risk is defined, upside to TP1 74.223 is 4.5%. This is a classic “bullish dip” setup on a high-conviction long.
Debate:
Which are you betting on—the oversold bounce or a breakdown below 66.5?