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HYPE long-short battle— is 59.19 the bottom or the top?
$HYPE /USDT - go LONG
Trade plan:
Entry: 59.02 – 59.36
SL: 57.12
TP1: 60.74
TP2: 61.78
TP3: 63.33
Why focus on this structure?
4-hour LONG signal: 77% confidence. 15-minute RSI 44.36 is close to oversold, and ATR is only 0.66 showing volatility contraction. Entry at 59.19, TP1 at 60.74, SL at 57.12. Right now, the 59.02–59.36 range is a good area to buy the dip; the EMA support hasn’t been broken, so the probability of a rebound is high.
Discussion:
Will this move hit TP1 at 60.74 first, or get dumped to SL 57.12?