Everyone's staring at the $HYPE 1D chart but the 4H is where the real action is, brothers.
$HYPE - LONG
Entry: 56.50 – 57.00
SL: 55.20
TP1: 58.50
TP2: 60.00
TP3: 61.50
Why this setup?
* RSI on the 15m is coiled at 42, ready to spring back
* ATR on the 1H is expanding, indicating increased volatility
* My bias confidence is 70% due to the recent reclaim of the $56.20 level
* Timeframe divergence on the 4H and 1D is setting up for a potential squeeze.
Debate: Are you fading the $55.50 low or riding the breakout above $58.50?
$HYPE