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$HYPE /USDT on the 4-hour timeframe shows a short-side signal—are you brave enough to follow?
$HYPE /USDT - SHORT to sell
Trading plan:
Entry: 59.692 – 60.096
SL: 61.837
TP1: 58.437
TP2: 57.465
TP3: 56.007
Why focus on this structure?
- RSI on the 15-minute chart is only 45.59, short-term is weak, and the EMA points downward.
- The 4-hour direction is clearly SHORT, with confidence 55.4— not strong, but effective.
- Entry reference is 59.894, TP1 is at 58.437, with risk under control.
- Why now? The 1-day trend is ranging; will the shorts press the advantage and wait for a rebound? Too late.
Discussion:
Will this wave hit TP2 57.465 first, or is it a bull-trap?