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HYPE_SHORT signal is out—around 61.0 is it a trap or an opportunity?
$HYPE /USDT - Short SHORT
Trading plan:
Entry: 60.965 – 61.191
SL: 62.164
TP1: 60.263
TP2: 59.720
TP3: 58.906
Why focus on this structure?
- On the 4-hour timeframe, bearish—but on the daily chart, it’s still ranging, with fierce battles between bulls and bears
- RSI (15 minutes) 52.8, neutral to weak; not oversold, and there’s still downside room for the short term
- Entry reference: 61.078; TP1=60.263, TP2=59.720, SL=62.164
- Why now? The trend hasn’t broken yet, but the signal is clear; the risk-reward ratio is suitable for a small-position short test
Discussion:
Will this move reach TP2 first, or will it lure an upside rebound to SL? Which side are you on?