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HYPE Bull vs Bear Showdown: Is 68.8 the starting point or the end point?
$HYPE /USDT - Going LONG
Trading plan:
Entry: 68.545 – 68.841
SL: 67.275
TP1: 69.756
TP2: 70.465
TP3: 71.529
Why focus on this setup?
- 4H bullish signal, 1D bullish trend, 95% high confidence.
- RSI 15m 62.85, not overbought, still room to the upside.
- Entry zone 68.545-68.841, TP1 69.756, TP2 70.465, SL 67.275.
- Current price is near EMA support, a good time to enter in line with the trend.
Discussion:
Around 68.8, do you open LONG or wait for a pullback? TP2 or a liquidity trap that lures longs?