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$SKHY | 1h | Range Breakdown Short
Bias: Short
Entry Zone: 156.80 to 158.20
Stop Loss: 163.90
Targets:
TP1: 153.20
TP2: 149.80
TP3: 146.20
Invalidation:
Close above 163.90
Why This Setup:
I’m leaning short because price rejected the 162-164 area after a sharp intraday squeeze and is now losing momentum back inside the prior range. If the breakdown confirms, I expect a move toward the lower liquidity pocket near 153 and then 150.