$SKHY is preparing to join the Air Force camp.

This pump is a bit overbought. Now the longs are crowded and still paying funding rates. It just hit a resistance level on the daily chart. I think it’s a good spot to bet on a pullback. For entry, watch the 174.5 to 176.6 range. On the downside, the first targets to look at are around 164 to 155. Put the defense at 183.68.

But make sure to watch the risk: if the long trend keeps being strong, a breakout above the high at 175.74 could trigger a squeeze that blows out shorts. Don’t go all-in—control your position size according to your own account. Also, $NIGHT and $ESPORTS can take a look at this move as well.