$SKHYNIX Focus on the short side. The current price action looks pretty tempting—it can easily lure buyers onto the train, but the key point is the resistance above that refuses to move.

The current supply zone has already been activated, and the 4-hour bearish pattern is still in play, while the daily overall remains range-bound. There’s a clear reaction around 1198.6 to 1208.0. On the 15-minute chart, the RSI is near 59, and the bears may still have room to keep pushing it lower. Also, the short-term volume data shows that there are genuinely sell orders participating.

You can look for entry opportunities in the 1198.6 to 1208.0 area; below that, price may test 1169.3 and possibly even lower. Don’t chase too aggressively—make sure your stop loss is placed at 1248.6 and manage your risk.