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HYPE in a long/short battle over the past 4 hours—where do you stand?
$HYPE /USDT - Go LONG
Trade plan:
Entry: 67.499 – 67.815
SL: 66.136
TP1: 68.797
TP2: 69.558
TP3: 70.698
Why watch this structure?
- The 1D trend is clearly bullish; the 4H EMA support is solid, and the LONG signal is 95% high-confidence.
- The current price 67.657 is close to the entry zone; the 15-minute RSI at 41.98 is on the edge of oversold, with strong rebound potential.
- First target TP1 68.797, second target TP2 69.558; the stop loss is only 2.2% risk.
- Why now? Low RSI + trend alignment—this pullback is an opportunity; wait for a confirmation signal.
Discussion:
Will this wave hit TP2 first, or is it a bull trap? Did you place your orders?