#MyGateTradeStory Based on the HYPE/USDT 20x chart, here’s how the Trendline Break + CHoCH + IFVG setup applies:

$HYPE ‌
🔍 Setup Breakdown

Condition Status Notes
Trendline Break ✅ Price broke the descending trendline (visible from the 76.969 high down to 72.075 low).
CHoCH (Change of Character) ✅ Price made a higher low after the break, shifting structure from bearish to bullish.
BOS (Break of Structure) ✅ Confirmed with price moving above the previous swing high (around 72.905).
IFVG (Inversion Fair Value Gap) ⏳ Pending Look for price to retest the imbalance zone near 72.4–72.8 before continuation.
Risk-to-Reward ✅ Favorable Entry near retest, SL below 72.075, target towards 76.969 or higher (2:1+ R:R).

📌 Execution Plan

· Entry Zone: 72.40 – 72.80 (IFVG retest)
· Stop Loss: Below 72.00 (recent swing low)
· Take Profit 1: 74.50 (short-term)
· Take Profit 2: 76.50 – 77.00 (near 24h high)

⚠️ Risk Note

· Leverage 20x amplifies both gains and losses.
· Wait for confirmation candle (bullish engulfing or hammer) at the IFVG zone before entering.