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HYPE long 95% win rate, but 15-min RSI has dropped to 45 - will you follow?
$HYPE /USDT - LONG
Trade Plan:
Entry: 67.67 – 68.09
SL: 65.89
TP1: 69.37
TP2: 70.36
TP3: 71.85
Why pay attention to this structure?
- 4H chart trend clearly bullish, daily also shows bulls in control, higher timeframe supports going long.
- 15-min RSI at 45.03 is in oversold territory, short-term pullback likely nearing its end, a rebound launch point.
- Entry range 67.67-68.09, TP1 at 69.37, risk-reward ratio ~2.5:1, stop loss 65.89 clear and manageable.
- Why now? RSI low + upward trend, short-term pullback is the best window for LONG.
Discussion:
Will this move hit TP1 first or fakeout washout to lure shorts then rally? Where is your stop loss set?