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Most traders will fade this setup—but the 95% confidence on HYPE says they’re wrong.
$HYPE /USDT - LONG
Trade Plan:
Entry: 62.762 – 63.226
SL: 60.770
TP1: 64.662
TP2: 65.773
TP3: 67.441
Why this setup?
Why now? The 1D trend is bullish, the 4h structure is primed for a breakout, and the 15m RSI at 39.99 is oversold—not weak. Entry at 62.994 with a tight SL at 60.770 means risk is defined, reward is asymmetric. TP1 at 64.662 is a 2.6% move, TP2 at 65.773 is 4.4%. The "invalid" level at 63.629 is the only thing standing between you and a squeeze.
Debate:
Are you buying the dip at 62.99 or waiting for a retest of 63.63?