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HYPE short signals have been confirmed, but with a 55% win rate—are you willing to follow?
$HYPE /USDT - SHORT trade
Trading plan:
Entry: 59.133 – 59.445
SL: 60.783
TP1: 58.169
TP2: 57.422
TP3: 56.302
Why focus on this structure?
- The 4-hour intraday SHORT signal has been triggered. Entry reference price: 59.289. RSI on the 15-minute timeframe is 55.84; it’s not overbought, with still room for downside
- The 1-day trend is in a consolidation range. For the short position: TP1 58.169, TP2 57.422, stop loss 60.783
- This is the entry window: price is nearing the upper edge of the range—wait for a breakdown of support to confirm the trend
Discussion:
Will this HYPE move hit TP2 first and then rebound, or will it break the stop loss and blow up the shorts?