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HYPE longs have a 95% win rate—dare you to follow at this level?
$HYPE /USDT - Go LONG
Trading plan:
Entry: 64.938 – 65.220
SL: 63.723
TP1: 66.096
TP2: 66.774
TP3: 67.791
Why focus on this structure?
- The 1-day trend is clearly bullish; on the 4-hour timeframe the signals are strong. The current price 65.079 is near the low end of the entry zone, 64.938.
- The RSI on the 15-minute chart is only 40.29, at the edge of being oversold, with ample room for a rebound.
- Why now? After the entry triggers, the first target TP1 66.096 is within arm’s reach, and the reward-to-risk ratio is over 2:1.
Discussion:
Will this move first hit TP2 66.774, or is it a bull trap and we get a pullback to retest 64? Which side are you on?