To Arabic:
The RSI indicator for pair $HYPE
/USDT has just reached 27.44. The last time this happened, the sell (Short) trades achieved profits of 12% within hours.
$HYPE – Sell (SHORT) trade
Trading plan:
Entry zone: 62.62606 – 62.81594
Stop Loss (SL): 65.05596
First Take Profit (TP1): 60.96978
Second Take Profit (TP2): 59.80229
Third Take Profit (TP3): 58.05107
Why this trade?
There is a bearish (SHORT) bias with 85% confidence on the 4-hour timeframe.
Current price is 62.72, but the RSI indicator on the 15-minute timeframe is in an area of strong oversold.
Don’t chase the price; the trend on the daily timeframe is still a range move and not an upward breakout.
The first target at 60.97 is about 2.8% away from the entry price, followed by the second target at 59.80.
An ATR value of 0.65 indicates high volatility, which increases the likelihood of a fast downside move.
Note: RSI sell-side oversold does not necessarily mean the downtrend will continue; it may also indicate a temporary pullback upward, so it’s better to wait for price-movement confirmation and adhere to risk management.#FootballSeason2026