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HYPE 4-hour divergence—are the market makers accumulating?
$HYPE /USDT - Go LONG
Trading plan:
Entry: 66.093 – 66.401
SL: 64.764
TP1: 67.359
TP2: 68.101
TP3: 69.213
Why focus on this setup?
- The 1-day trend is clearly bullish. The 4-hour EMA is in a bullish stack, with a 95% confidence level for the LONG signal.
- The 15-minute RSI is only 38.97, sitting right on the edge of oversold—this is the perfect time to catch the pullback and enter long.
- The current price at 66.247 is clinging to the entry zone. TP1=67.359, TP2=68.101, with a reward-to-risk ratio above 3:1.
- Why now? Oversold rebound + trend confluence—don’t miss it while waiting for a breakout.
Discussion:
Will this first sweep TP2, or will it wick down to SL 64.764 before rallying?