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Most traders will ignore HYPE until it’s too late—95% confidence says otherwise.
$HYPE /USDT - LONG
Trade Plan:
Entry: 61.700 – 62.116
SL: 59.913
TP1: 63.404
TP2: 64.402
TP3: 65.898
Why this setup?
Why now? The 4H timeframe shows a bullish daily trend with RSI at 44.78 (15m) in oversold territory, priming a bounce. Entry zone at 61.70–62.11 aligns with tight ATR volatility (0.83), offering a high-reward setup toward TP2 at 64.40.
Debate:
Is this the calm before a breakout above 62.12, or is the market trapping late longs?