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4-hour RSI hits the floor at 35; the long-position setup signal for HYPE is already flashing.
$HYPE /USDT - Go LONG
Trade plan:
Entry: 65.887 – 66.197
SL: 64.553
TP1: 67.159
TP2: 67.903
TP3: 69.020
Why focus on this setup?
• The 1-day trend is clearly bullish; the 4-hour RSI is only 35.47, with strong rebound potential in the oversold zone.
• The current price of 66.042 is close to the entry range of 65.887–66.197, and the stop-loss at 64.553 is only a 1.5% risk.
• Targets: TP1 67.159, TP2 67.903; the risk-reward ratio is over 3:1. Why now? Because low RSI + trend alignment means waiting will make you miss the best window.
Discussion:
Will this HYPE move go to TP2 first and then pull back, or will it fake a breakout and lure longs directly?