Monday Market Overview 📊



$SKHY is still trading inside a clear 151–177.88 range, with pre-market price already down around 3.5%.

For now, I’m watching the 151–156 support zone closely. The 0.618 Fibonacci retracement also lines up around 151, giving this area added technical significance.

Trade setup:
• Entry: 151.16
• Stop Loss: 144.13
• TP1: 157.19
• TP2: 167.58
• Risk/Reward: ~2.35

If the daily candle decisively breaks below 151, the range could shift toward 151–134, turning previous support into resistance.

My approach: stay patient in the middle of the range and look for opportunities near key support. Let price come to you rather than forcing a trade.

Not financial advice. This is market analysis, not a trade execution signal.

Follow for more daily market updates, setups and key levels.

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SKHY0.25%
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StablecoinAlchemist
· 2h ago
151 is both support and a Fibonacci retracement level, so it’s definitely worth watching. But it’s probably better not to make a move until it reaches that level.
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AStockDemon
· 2h ago
Honestly, the biggest risk in such a narrow range is overtrading. If the price isn’t coming to you, don’t chase it. Wait for a reaction around 151 before considering an entry; if it breaks below, cut your losses.
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Venüs_
· 2h ago
Ape In 🚀
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Venüs_
· 2h ago
LFG 🔥
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