📊 HYPEUSDT Trading Update | 1H Timeframe 🕒
🔍 Analysis + Entry Point 🔥
📌 Price: $32.85 (+1.55%)
📈 24h High: $34.347 | 24h Low: $31.505
📉 RSI(24): 48.31 → Neutral zone but turning downward
📊 Volume: Slight increase, but no strong bullish confirmation
📉 MA(3): 33.24 → Price is now below it
📈 Support Level: 32.13
📉 Resistance Level: 33.73
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📌 Trading Idea (Entry Strategy):
🔻 Downside Entry Possible:
Current RSI and MA suggest a short-term downtrend. If price breaks below $32.13, a short position could be considered.
✅ Confirmed Short Entry If:
👉 RSI drops below 45 & volume spikes
👉 Candle closes below $32.13
🔺 Wait for Upside Trend Confirmation:
👉 A strong breakout above $33.75 could open a long opportunity
👉 RSI should be above 55 for a bullish confirmation
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