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【$SKHY Signal】Go long + 1H breakout squeeze shorts
$SKHY 1H MACD momentum bars continue expanding, and the upper Bollinger Band was decisively broken through to 188.42. A negative funding rate of -0.1292% combined with stable OI keeps shorts under passive pressure. RSI 84.64 shows overbought, but the buy side is still actively pushing higher.
🎯 Direction: Go long
⚡ Entry/limit orders: 187.8248 - 188.3900
🛑 Stop loss: 186.5061
🚀 Target 1: 191.2158
🚀 Target 2: 192.6288
🛡️ Trade management:
- Execution strategy: When price reaches target 1, cut 50%, and move the stop loss up to break-even. If price falls back to the entry zone, automatically exit to protect principal.
Deeper logic: 1H consecutive bullish candles stacked with volume; the sell-side depth ratio is 0.75, indicating sparse pending orders. The pressure from short covering could trigger at any moment. This kind of hard pull under a negative funding rate often comes with a wave of accelerated short-squeeze.
Check live market 👇 $SKHY
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