๐entry opportunity ๐๐๐๐๐
*LONG on HYPEUSDT* ๐ฅ
Based on the 1D chart, here are 2 entry opportunities:
*Option 1: Aggressive Entry - Current Pullback*
- *Entry*: $57.20 - $57.50
- *Reason*: Itโs bouncing right now at $57.708. If it consolidates here, you catch the move before the breakout of $58.03
- *Stop Loss*: $56.40 below the 24h low $56.726
- *Take Profit 1*: $58.63 previous resistance
- *Take Profit 2*: $61.34
- *Risk/Reward*: โผ1:2.3
*Option 2: Safer Entry - Retest of Support*
- *Entry*: $52.80 - $53.20 your blue box
- *Reason*: That zone already acted as support 2 times. Itโs the best price if thereโs a pullback. Safer because the SL is farther
- *Stop Loss*: $51.00 below $51.107
- *Take Profit 1*: $58.03
- *Take Profit 2*: $63.44 previous high
- *Risk/Reward*: โผ1:3.8
*My quick take:*
Price is above the blue support and forming a bullish structure. As long as daily candles close above $56.7, the long remains valid. If it breaks and closes above $58.03 with volume, it accelerates.
*Important management:*
1. Donโt go all-in. Use 25-30% on option 1 and keep liquidity for option 2 if it dips
2. 24h volume is at $160M. You need volume to rise when it breaks $58.03 to confirm
3. Perp = thereโs funding. Check every 8h if youโre holding for several days
*LONG on HYPEUSDT* ๐ฅ
Based on the 1D chart, here are 2 entry opportunities:
*Option 1: Aggressive Entry - Current Pullback*
- *Entry*: $57.20 - $57.50
- *Reason*: Itโs bouncing right now at $57.708. If it consolidates here, you catch the move before the breakout of $58.03
- *Stop Loss*: $56.40 below the 24h low $56.726
- *Take Profit 1*: $58.63 previous resistance
- *Take Profit 2*: $61.34
- *Risk/Reward*: โผ1:2.3
*Option 2: Safer Entry - Retest of Support*
- *Entry*: $52.80 - $53.20 your blue box
- *Reason*: That zone already acted as support 2 times. Itโs the best price if thereโs a pullback. Safer because the SL is farther
- *Stop Loss*: $51.00 below $51.107
- *Take Profit 1*: $58.03
- *Take Profit 2*: $63.44 previous high
- *Risk/Reward*: โผ1:3.8
*My quick take:*
Price is above the blue support and forming a bullish structure. As long as daily candles close above $56.7, the long remains valid. If it breaks and closes above $58.03 with volume, it accelerates.
*Important management:*
1. Donโt go all-in. Use 25-30% on option 1 and keep liquidity for option 2 if it dips
2. 24h volume is at $160M. You need volume to rise when it breaks $58.03 to confirm
3. Perp = thereโs funding. Check every 8h if youโre holding for several days