$HYPE /USDT : The daily and 4h charts are firmly bearish, with price below key moving averages. However, the 1h chart shows a temporary bounce, pushing its RSI into overbought territory above 63. This bounce is likely to fail, offering a high-probability short entry. The trigger is a drop in the 15-minute RSI below 50, signaling the short-term momentum is reversing back to align with the dominant downtrend. This is the moment to position for the next leg down.
Actionable Setup Now (SHORT)
Entry: market at 24.797881 – 24.946119
TP1: 24.427289
TP2: 24.279052
TP3: 23.982578
SL: 25.316711

