HYPE long-versus-short showdown—can you dare to take this SHORT signal?



$HYPE /USDT - Go SHORT

Trading plan:
Entry: 60.714 – 60.948
SL: 61.953
TP1: 59.990
TP2: 59.429
TP3: 58.587

Why focus on this setup?
- Currently, HYPE_USDT is around 60.831; on the 4H cycle the direction is SHORT, with confidence of 55.4%, a medium-leaning-strong signal.
- 15-minute RSI is 61.2, close to the overbought zone, implying a short-term pullback is needed.
- The 1D trend is range-bound, but the SHORT targets TP1 59.990 and TP2 59.429, with a stop-loss at 61.953; the risk-reward ratio is about 2:1.
- Why now? RSI is high + near the upper edge of the range, suitable for catching a short-term retracement.

Discussion:
Will this hit TP2 first, or is it a long squeeze and bounce? See you in the comments to find out!
HYPE0.90%
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TONNYMAKARONNI
· 10h ago
Did you do that on purpose to go the other way?
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