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$SKHY Signal】Negative funding rate triggers a short squeeze; pullback on the 1H to go long
$SKHY The 1H MACD histogram shrinks to 1.07, but the funding rate is -0.0654%, and shorts keep paying. Sell-side depth accounts for 68%, with limited buy-side willingness to absorb.
The 4H Bollinger Band upper rail at 191.56 forms short-term resistance, while the 1H mid rail at 175.19 provides a buffer. The long-vs-short fight is heating up.
🎯Direction: long
⚡Entry/limit orders: 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 move the stop loss up to breakeven. If price drops back to the entry area, exit automatically to protect principal.
Depth logic: Negative funding rate plus stable OI—short positions face rollover costs. The 1H price retraces near the EMA20 for support; if it breaks above the 4H Bollinger upper rail with volume, the short squeeze will accelerate. Current risk-reward ratio is 1.5, worth a shot.
Check live market 👇 $SKHY
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