In this HYPE spot, who are the smart money waiting on to make the first move?

$HYPE /USDT - SHORT

Trading plan:
Entry: 59.296 – 59.614
SL: 60.985
TP1: 58.308
TP2: 57.543
TP3: 56.396

Why focus on this setup?
- The 4-hour SHORT signal has already been triggered, with confidence at 55.4—not high, but the direction is clear.
- The current price is 59.455, sitting right at the neutral zone of the 1-hour EMA and RSI (53.66), the critical point where bulls and bears battle.
- Why now? The 1-day chart is in a range-bound structure; the 4-hour bearish signal has just shown up, and RSI hasn’t hit oversold—so there is downside room.
- Target TP1: 58.308, TP2: 57.543. Stop loss: 60.985. Reward-to-risk is about 1:2.

Discussion:
Will this move hit TP2 first, or is it going to lure buyers up before a rebound?