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$SKHYNIX This batch of bearish signals is pretty interesting. The 15-minute RSI is already 60.52; in a daily range-bound market, that counts as overbought. On the 4-hour timeframe, the bears are dominant—shorts vs longs are 79%, indicating sellers are gathering.
Entry range: 1175.95 to 1182.00. TP1 is set at 1122.60, which is a 4.8% downside move; the market hasn’t reacted yet. Why short now? Because the squeeze expectations have already been priced in.
Stop loss: 1254.14. TP2: 1085.02. TP3: 1028.65. If the price breaks above 1182 by a fake-out, do you add to the short immediately or wait for confirmation? No one is watching it right now—that’s why I opened the short.