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Most traders will fade HYPE at 71.0—here’s why that’s a mistake.
$HYPE /USDT - LONG
Trade Plan:
Entry: 70.765 – 71.277
SL: 68.568
TP1: 72.861
TP2: 74.087
TP3: 75.927
Why this setup?
• 95% confidence LONG with bullish 1D trend—4h timeframe confirms momentum.
• RSI 15m at 62.19 (not overbought) + ATR 1.022 suggests room to run.
• Entry zone 70.765-71.277 with TP2 at 74.087—risk/reward favors the breakout.
Debate:
Are you buying the dip at 71.0 or waiting for a retest of support?