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Everyone’s fading HYPE—but the 4H chart just whispered a secret the crowd missed.
$HYPE /USDT - LONG
Trade Plan:
Entry: 61.863 – 62.355
SL: 59.037
TP1: 64.413
TP2: 65.949
TP3: 68.252
Why this setup?
• 1D trend is bullish, yet 15m RSI at 38.9 is deeply oversold—classic divergence setup.
• ATR at 0.984 on 1H shows volatility is compressed; breakouts here snap fast.
• Entry zone 61.86–62.35 aligns with 4H support, targeting TP1 64.41 first.
Debate:
Is this the fake-out before the squeeze, or are we early to a liquidity grab?