
$HYPE broke its first bounce high off the capitulation low, and the 4h now prints higher highs and higher lows. I'm leaning long, but not here. I'm waiting for a pullback into the zone where several supports stack, because price is stretched right under the daily lower high. Context: the rally ran for about ten days off the flush. 4h RSI is near overbought, price sits above the 12h upper band, and 1h shows a small bearish divergence. Why the pullback zone: - Top of the 4h fair value gap left by the breakout candle - Daily EMA20 and 12h EMA50 inside the same band - A recent 1h swing low right there Four separate reasons landing in one area is what makes it worth waiting for. ICT read: the breakout confirmed a bullish break of structure on the 4h. Current price is the premium end of the leg, near buy-side liquidity under the daily lower high. Chasing there invites a sweep. The discount side of the leg is where risk is cleaner. Where I'm wrong: if price fills the whole gap and loses the 4h EMA50, the breakout failed and I step aside. Risks: the Fed decision can whip price both ways. Leverage is crowded, so a flush could cascade into liquidations fast. Published by YTIlab · OMNISIGHT REPORT Not investment advice. All decisions and responsibility are your own.
