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HYPE bullish signal 95%, but RSI not overbought?
$HYPE /USDT - LONG
Trade Plan:
Entry: 71.403 – 71.801
SL: 69.689
TP1: 73.036
TP2: 73.993
TP3: 75.427
Why focus on this structure?
- 4H EMA bullish alignment, 1D trend clearly bullish.
- RSI 15m=57.28, not overbought, still has upside potential.
- Current area around 71.6 is EMA support zone, entry point is precise.
- Why now? Short-term pullback is over, bullish momentum restarted, target TP1 73.0.
Discussion:
Will this wave reach TP2 73.99 first, or will it first wick to trap bears?