$SKHYNIX is preparing for a quick short move. Right now, shorts still dominate the market, so you can follow the trend and look lower. The entry zone is roughly between 1298.5 and 1305.0. The first targets are around 1238 to 1187. But be absolutely careful about risk—now that RSI is oversold and funding rates are negative, a sudden short squeeze could happen at any time. Set the defense level around 1344.15; keep your stop-loss tightly placed—don’t get reversed and squeezed out. Also, $ETH and $BANK can be watched as well. As usual, never go all-in—control your position size according to your account situation, and don’t chase too much!

SKHYNIX-10.29%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned