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HYPE's RSI bottomed at 41, are you brave enough to follow this LONG signal?
$HYPE /USDT - LONG
Trading Plan:
Entry: 66.727 – 67.101
SL: 65.120
TP1: 68.260
TP2: 69.157
TP3: 70.502
Why focus on this structure?
- 1D trend bullish, 4h frame LONG signal with 95% high confidence, current RSI 15m at 41.34, near oversold zone.
- Entry reference 66.914, TP1 68.260 (+2%), TP2 69.157 (+3.3%), stop loss 65.120 (-2.7%).
- Why now? RSI rebound + trend support, low probability of bear trap, wait for confirmation of breakout above 67.101.
Discussion:
Will this wave hit TP2 first, or is it a bull trap?