Everyone is shorting this dip, but the 1h price just flipped the script
$HEMI /USDT - 🟢 LONG · Conf 77%
Trade Plan:
Entry: 0.0066203 – 0.0066657
SL: 0.0062447
TP1: 0.0069417
TP2: 0.0071409
TP3: 0.0074396
Why this setup?
Why now? The daily trend is bearish, yet the 1h price is sitting at 0.0066430 with the 15m RSI climbing to 68.35, signaling building momentum against the higher timeframe. The 1h ATR of 0.000166 shows the recent swings are compressed enough that a single push could carry the 1h price from the entry zone at 0.0066430 all the way to TP1 at 0.0069417. If that leg exhausts, TP2 at 0.0071409 becomes the next target, but the line in the sand remains the invalidation level at 0.0075060. Because this setup rides a counter-trend reversal against the bearish daily structure, it is a high-risk bet that requires smaller position sizing and strict respect for the stop loss.
Debate:
Are we cleanly reaching TP2 at 0.0071409 or is this a trap back to the daily trend?
Click here to view the chart 👇️
⚠️ Personal market analysis only. NFA — manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.
$HEMI /USDT - 🟢 LONG · Conf 77%
Trade Plan:
Entry: 0.0066203 – 0.0066657
SL: 0.0062447
TP1: 0.0069417
TP2: 0.0071409
TP3: 0.0074396
Why this setup?
Why now? The daily trend is bearish, yet the 1h price is sitting at 0.0066430 with the 15m RSI climbing to 68.35, signaling building momentum against the higher timeframe. The 1h ATR of 0.000166 shows the recent swings are compressed enough that a single push could carry the 1h price from the entry zone at 0.0066430 all the way to TP1 at 0.0069417. If that leg exhausts, TP2 at 0.0071409 becomes the next target, but the line in the sand remains the invalidation level at 0.0075060. Because this setup rides a counter-trend reversal against the bearish daily structure, it is a high-risk bet that requires smaller position sizing and strict respect for the stop loss.
Debate:
Are we cleanly reaching TP2 at 0.0071409 or is this a trap back to the daily trend?
Click here to view the chart 👇️
⚠️ Personal market analysis only. NFA — manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.
