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Most traders just watched HYPE hit 60.8 and froze—I see a 95% confidence trap door.
$HYPE /USDT - LONG
Trade Plan:
Entry: 60.611 – 61.175
SL: 58.188
TP1: 62.921
TP2: 64.274
TP3: 66.302
Why this setup?
Why now? RSI 15m is oversold at 35.04 on a 4h bullish trend. The 1D trend is bullish, and ATR 1h is 1.12—tight range, big breakout potential. Entry zone at 60.89 with TP1 at 62.92 is a 3.3% risk/reward gift before the next leg up.
Debate:
Are you buying the dip at 60.8 or waiting for a retest of 58.1?