HYPE short signals are already out, but do you know where the real entry point is?



$HYPE /USDT - SHORT

Trade plan:
Entry: 60.656 – 60.880
SL: 61.842
TP1: 59.963
TP2: 59.426
TP3: 58.621

Why focus on this structure?
Based on the 4-hour timeframe, EMA 60.768 and RSI 54.27 show short-term overbought, but the 1D trend is still ranging. The current bias is SHORT; the entry reference is the 60.768–60.880 range, with TP1 at 59.963 and TP2 at 59.426. Why now? RSI isn’t extreme, but ATR 0.447 indicates moderate volatility, suitable for capturing a pullback. Note that the SL is set at 61.842—if price breaks above, it would signal a reversal.

Discussion:
Do you think this HYPE move hits TP2 first, or is it a bull trap before a rebound?
HYPE1.52%
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