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Everyone’s still buying HYPE — I’m watching the 4H chart scream “sale.”
$HYPE /USDT - SHORT
Trade Plan:
Entry: 60.44070 – 60.69130
SL: 63.37268
TP1: 58.46099
TP2: 57.05765
TP3: 54.95265
Why this setup?
Trend is range-bound, but the 15m RSI at 26.28 is deep in oversold territory. With a 4H short bias at 85% confidence and ATR at 0.78, the path of least resistance is down. Entry at 60.566 with TP1 at 58.46 — that’s a 3.5% move before any squeeze.
Debate:
Do you trust the oversold bounce or the high-conviction short into range lows?
#PreIPOsSeason2OpenAISubscription