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Most traders will panic sell HYPE at 62.78—I’m loading up before the 4h reversal.
$HYPE /USDT - LONG
Trade Plan:
Entry: 62.51 – 63.05
SL: 59.44
TP1: 65.29
TP2: 66.96
TP3: 69.47
Why this setup?
RSI 15m at 25.94 is deeply oversold on a bullish daily trend. Entry zone 62.51–63.05 aligns with the 1h pivot (62.79) and ATR confirms low volatility squeeze. Primary TP1 at 65.29 is a quick +4% if momentum flips.
Debate:
Are we getting a dead cat bounce or the real trend continuation here?