Is the 4-hour LONG signal for HYPE a trap or a real breakout?



$HYPE /USDT - Go LONG

Trading plan:
Entry: 59.384 – 59.698
SL: 57.581
TP1: 61.011
TP2: 61.991
TP3: 63.461

Why focus on this setup?
- Current price is around 59.5, RSI(15m)=43.5, at a potential rebound start in the oversold zone.
- 4-hour EMA bullish alignment, LONG signal strength is 77, TP1=61.0 (+2.5%), TP2=61.99.
- Daily timeframe is range-bound consolidation, but 1-hour ATR=0.63, volatility is tightening—signs of a breakout ahead.

Discussion:
Will this move hit TP2 first, or will it lure buyers and then pull back to the SL? Where are you placing your stop loss?
HYPE-1.25%
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