💥 $HYPE
It prints a green engulfing candle with a burst of liquidity!
The price rebounded strongly from $82.38 and reached $83.92 with huge trading volume
Is this the start of a strong bullish reversal?
📋 Trading Plan - LONG Buy Trade
Expected Direction: Bullish ✅
Entry Price = $83.655 (Current Price)
Stop Loss = $82.300 (Below the engulfing candle’s wick and the last low)
Take Profit Target 1 = $84.327 (Bollinger middle +0.8%)
Take Profit Target 2 = $85.956 (Upper Bollinger band +2.7%)
Risk-to-Reward: 1 to 3.4
Cancel the trade: 1-hour close below $82.698 (DN band)
Note: Volume 593K is higher than MA5: 466K = real liquidity inflow
This is not financial advice—risk management first
#hype