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Everyone’s shorting HYPE — but the 4H data screams a 95% long setup.
$HYPE /USDT - LONG
Trade Plan:
Entry: 61.55 – 62.15
SL: 58.98
TP1: 64.00
TP2: 65.44
TP3: 67.59
Why this setup?
RSI on 15m is oversold at 43.6, while the daily trend is bullish. ATR on 1h is tight at 1.19, signaling a squeeze. Entry zone 61.55–62.15 aligns with the 4H support. TP1 at 64 is the first magnet — momentum favors a snap back.
Debate:
Is this the final shakeout before 64, or will HYPE fake us out?