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Everyone watching HYPE for a breakout is ignoring the trap forming below 81.
$HYPE /USDT - LONG
Trade Plan:
Entry: 80.6 – 81.0
SL: 78.6
TP1: 82.5
TP2: 83.6
TP3: 85.3
Why this setup?
Why now? The daily trend is visibly bullish, but the 1h price sitting at 80.8 shows the real entry is already in play. The 15m RSI at 58.34 confirms room to run without being overbought, while the 1h ATR of 0.933961 reveals the volatility needed to push from the entry zone toward TP1 at 82.5. If that leg exhausts, TP2 at 83.6 becomes the measured target, but a break below 80.4 invalidates the entire setup. Treat 80.4 as the hard line protecting the trade.
Debate:
Are we closing in on TP2 or is 80.4 about to flush the longs out?
⚠️ Personal market analysis only. NFA — manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.