$SKHY Signal: Negative funding rate squeeze short + 1H MACD bullish momentum fading while chasing long

$SKHY RSI 1H 80.20, buy/sell order book depth Bid/Ask Ratio 1.09, negative funding rate -0.12% with concentrated short positions. The 4H Bollinger upper band 189.77 has been broken, and the price is consolidating around 190.77. The 1H MACD histogram is 2.97, but the histogram size is shrinking, indicating slowing bullish momentum, while the funding rate is suppressing expectations of shorts covering.

🎯Direction: long

⚡Entry/Orders: 190.1977 - 190.7700

🛑Stop loss: 188.8623

🚀Target 1: 193.6316

🚀Target 2: 195.0623

🛡️Trade management:
- Execution strategy: After reaching Target 1, cut position by 50% and move the stop loss up to breakeven. If price falls back to the entry level, automatically exit to protect principal.

Depth logic: The negative funding rate stays near -0.12%, keeping short positions’ costs high, while the price holds above 190 to form a squeeze. Although the 1H RSI is overbought, it has not diverged; the buy-the-dip strength during the session is enough to absorb sell pressure. The actual risk-reward ratio is 1.5, so it’s worth executing according to the plan.

View live market 👇 $SKHY
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