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$SKHYNIX Current price is around 1,172.2. A strong breakdown occurred below the 1,180–1,184 zone, marked by a large bearish (red) candle. The MA5 has crossed below the MA10, signaling short-term bearish momentum. The price is trading below both the MA5 and MA10, while the 1,171–1,172 zone is currently being tested as support. If this level breaks, selling pressure could intensify. Scenario 1 (more likely): Bearish Support: 1,171 If broken: targets at 1,168 → 1,165 Momentum appears to be dominated by sellers. Scenario 2: Technical rebound As long as the 1,171 level holds, a bounce could occur towards: 1,176 1,179 However, the 1,179–1,181 zone is likely to act as strong resistance. Quick conclusion: 📉 Mild-to-moderate bearish outlook for the next few hours, unless the price manages to climb back above 1,179. The probability of a drop to 1,168–1,165 is currently slightly higher than that of a rise (approximately 60–65% bearish based on the visible chart structure). Keep in mind that SK Hynix remains fundamentally supported by strong demand for AI chips; however, the stock is currently experiencing high volatility, meaning short-term price movements could be sharp.
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