Personally, I got left out this time because I preferred to observe and see how far the price of $HYPE was going to go, and now it’s my turn to wait patiently for the pullback so I can look for a good entry.
That’s why many people say that real trading is boring: it’s not about gambling wildly, but knowing how to wait for the exact moment. Look at what the chart is telling us right now:
On the 4-hour timeframe: StochRSI is at its maximum (touching 100 points), warning us that there is overbought conditions and that price needs a breather or an obligatory pause.
Watch the RSI: Since it’s hovering around 92, it still shows a little bit of “technical air,” which explains why the price tries to probe or extend a bit more toward the upper area before deciding its direction.
On the daily chart (1D): The underlying structure is still trying to maintain a bullish tone.
What’s the action plan from here?
With the move already developed, nothing of rushing to chase buys above out of desperation or FOMO. The smart plays we’re still keeping an eye on are:
The tactical pullback (relief Short): If the price hits this resistance and the 15-minute candles lose momentum, we can consider a controlled pullback to unload the overbought accumulated on 4H.
Wait for the key support The 75k zone: Just like I waited for the pullback, patience is the key. We don’t buy on the first touch; we wait to see whether buyers defend the lower supports (like the 75k USDT zone) with confirmation from volume and structure on the 15-minute chart.
#AnalisisTecnico
Always do your own research..
And you? Were you able to enter this move, or do you prefer to have the patience to wait for the pullback with me?
CLICK HERE ⬇️
That’s why many people say that real trading is boring: it’s not about gambling wildly, but knowing how to wait for the exact moment. Look at what the chart is telling us right now:
On the 4-hour timeframe: StochRSI is at its maximum (touching 100 points), warning us that there is overbought conditions and that price needs a breather or an obligatory pause.
Watch the RSI: Since it’s hovering around 92, it still shows a little bit of “technical air,” which explains why the price tries to probe or extend a bit more toward the upper area before deciding its direction.
On the daily chart (1D): The underlying structure is still trying to maintain a bullish tone.
What’s the action plan from here?
With the move already developed, nothing of rushing to chase buys above out of desperation or FOMO. The smart plays we’re still keeping an eye on are:
The tactical pullback (relief Short): If the price hits this resistance and the 15-minute candles lose momentum, we can consider a controlled pullback to unload the overbought accumulated on 4H.
Wait for the key support The 75k zone: Just like I waited for the pullback, patience is the key. We don’t buy on the first touch; we wait to see whether buyers defend the lower supports (like the 75k USDT zone) with confirmation from volume and structure on the 15-minute chart.
#AnalisisTecnico
Always do your own research..
And you? Were you able to enter this move, or do you prefer to have the patience to wait for the pullback with me?
CLICK HERE ⬇️
