$SKHY Signal | Long with negative funding rate squeeze

$SKHY 1H MACD histogram shrinking with decreasing volume; price is hovering around 189.3. Depth imbalance of -31.69% shows sell orders dominating in one direction, but the negative funding rate of -0.0654% reveals crowded short positions. Support in the 185-189 range remains stable, and buy-side bottoming intentions are clear. In this structure, chasing longs requires discipline, and the stop-loss must be nailed down.

🎯Direction: long

⚡Entry / limit order: 188.7421 - 189.3100

🛑Stop-loss: 187.4169

🚀Target 1: 192.1497

🚀Target 2: 193.5695

🛡️Trade management:
- Execution strategy: After reaching target 1, cut 50% and raise the stop-loss to breakeven. If price drops back to the entry level, automatically exit to protect principal.

Depth rationale: 1H RSI 69.74 has not gone overbought. The upper edge of the 4H Bollinger Band at 191.56 forms resistance, but if the negative funding rate continues to trigger a squeeze, target 2 is on the table. Personally, I lean toward using limit orders in a depth-imbalance environment rather than chasing higher prices—it’s steadier.

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