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Nobody is talking about the SHORT setup forming on SKHYNIX right now.
$SKHYNIX /USDT - SHORT
Trade Plan:
Entry: 1339.08 – 1346.84
SL: 1380.17
TP1: 1315.05
TP2: 1296.44
TP3: 1268.54
Why this setup?
Why now? The 1h price is trapped at 1342.72 inside a range-bound daily trend, and the 15m RSI at 51.5 shows momentum is neutral just before a potential breakdown. The 1h ATR of 15.505156 tells us volatility is compressed, so a move toward the entry zone at 1342.96 could ignite a sharp drop. If sellers push past 1346.84, the first target sits at 1315.05, with a deeper test of 1296.44 waiting below. The invalidation level at 1332.94 is the hard line that would wipe out this setup.
Debate:
Are we testing TP2 at 1296.44 or is this range about to trap the shorts?
⚠️ Personal market analysis only. NFA — manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.