HYPE long-vs-short battle—an RSI oversold signal has appeared!



$HYPE /USDT - Go LONG

Trading plan:
Entry: 66.435 – 66.691
SL: 65.333
TP1: 67.485
TP2: 68.100
TP3: 69.023

Why focus on this setup?
- The 15-minute RSI is only 36.12, close to the oversold zone, as short-term rebound momentum builds.
- The 4-hour EMA is in a bullish alignment; the 1D trend is bullish, with long-side support from the higher timeframe.
- Current price is 66.563, just 1.4% away from TP1; the risk-to-reward ratio is reasonable, with SL set below 65.333 for protection.

Discussion:
Will this LONG hit TP2 first, or is it a bull trap?
HYPE-3.28%
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