Long $HYPE on the 4H: 85.8 has to hold for buyers.
Price sits at 85.9, just above the zone. I want to see buyers defend 85.8 and close above it. Below 84.6 the idea is done.
LONG zone 85.76–85.97 | targets 86.63, 87.14, 87.90 | stop 84.59
The read:
• 4H price 85.9 is above EMA50 at 85.1, so the trend is on this side
• Daily is above EMA200 at 66.8, the bigger trend backs it
• 1.5% to the stop, 2.4% to TP3, that's 1.6R if TP3 gets there
Not advice, size it yourself.
Price sits at 85.9, just above the zone. I want to see buyers defend 85.8 and close above it. Below 84.6 the idea is done.
LONG zone 85.76–85.97 | targets 86.63, 87.14, 87.90 | stop 84.59
The read:
• 4H price 85.9 is above EMA50 at 85.1, so the trend is on this side
• Daily is above EMA200 at 66.8, the bigger trend backs it
• 1.5% to the stop, 2.4% to TP3, that's 1.6R if TP3 gets there
Not advice, size it yourself.
