Post
509 JonyDong
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Bullish$HYPE is positioned precisely where bear failures typically convert to momentum.
$HYPE - LONG
Trade Plan:
Entry: 38.29563 – 38.55437
SL: 37.64876
TP1: 39.20124
TP2: 39.45999
TP3: 39.97749
Why this setup?
The 4h chart is forming a LONG setup, supported by a 1D range. The key is the price action near 38.29563–38.55437 (mid 38.42500), not minor fluctuations. RSI 15m at 63 still supports upside, with neutral momentum allowing for further consolidation. 15m volume is just 16.26K against a 37.34K 1H baseline (0.44x), indicating buyers must still demonstrate conviction.
Debate:
Will price reach TP1 first, or break down from this zone prematurely?
Click bellow for trade 👇
$HYPE - LONG
Trade Plan:
Entry: 38.29563 – 38.55437
SL: 37.64876
TP1: 39.20124
TP2: 39.45999
TP3: 39.97749
Why this setup?
The 4h chart is forming a LONG setup, supported by a 1D range. The key is the price action near 38.29563–38.55437 (mid 38.42500), not minor fluctuations. RSI 15m at 63 still supports upside, with neutral momentum allowing for further consolidation. 15m volume is just 16.26K against a 37.34K 1H baseline (0.44x), indicating buyers must still demonstrate conviction.
Debate:
Will price reach TP1 first, or break down from this zone prematurely?
Click bellow for trade 👇
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