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HYPE longs have a 95% win rate, but why is RSI in the middle?
$HYPE /USDT - Go LONG
Trading plan:
Entry: 66.926 – 67.166
SL: 65.894
TP1: 67.910
TP2: 68.486
TP3: 69.350
Why focus on this structure?
Why now?
- 4H long trend confirmed, daily bullish, EMA support intact
- RSI on 15m is only 48.31, not overbought, with room to the upside
- ATR on 1h is 0.48, moderate volatility, suitable for entry
- Reference price 67.046, TP1 67.910, TP2 68.486, SL 65.894 (below EMA support)
Discussion:
Will this move reach TP2 first, or is it a bull trap? Did you place your orders?