$SKHYNIX I’m bearish on this move.

The current trend is clearly heading downward—don’t go catching flying knives; just follow the trend and look lower. You can watch for entry positions around 1141 to 1146. For downside targets, first look at 1088, then around 1043. Put the defense level around 1181.

Also, $1000XEC and $AKE on the chart look pretty heavy too, so you can keep an eye on the combined price action.

But note that now the shorts are near the 24-hour low support zone, so there’s a risk of a rebound. Everyone, don’t go all-in—manage your position size according to your own account, and watch the risks.