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HYPE long with 95% win rate, but RSI at 38?
$HYPE /USDT - LONG
Trade Plan:
Entry: 68.066 – 68.530
SL: 66.074
TP1: 69.966
TP2: 71.078
TP3: 72.746
Why focus on this structure?
- The daily trend is clearly bullish, and the 4-hour pullback is supported by the EMA.
- The 15-minute RSI is only 38.8, in the oversold zone, with lots of room for a rebound.
- ATR shows mild volatility, and the entry range of 68.066-68.530 is exactly a good dip-buy opportunity.
- Why now? Because the pullback hasn’t broken 67.701— the long structure is intact, right before the launch.
Discussion:
Will this first push to TP1 at 69.966, or go straight to TP2 at 71.078?