$HYPE /USDT is consolidating around 60.121—who is the main force waiting for to make the first move?



$HYPE /USDT - SHORT

Trading plan:
Entry: 59.894 – 60.348
SL: 62.302
TP1: 58.485
TP2: 57.394
TP3: 55.758

Why focus on this structure?
- 4-hour bias SHORT, confidence 55.4—not strong but clear.
- The 1-day trend is a “range”; no one-way momentum, suitable for selling the highs and buying the lows.
- RSI on the 15-minute timeframe is 50.96, neutral-to-slightly weak, with no overbought interference.
- Current price 60.121 is close to the entry reference; if it breaks below 59.894, the short signal strengthens.
- Why now? The longer it consolidates, the more sudden the breakout; 60.348 is the short-term pivot between bulls and bears.

Discussion:
For the short position, do you watch TP1 at 58.485 first, or directly wait for TP2 at 57.394?
HYPE-2.70%
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