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#SKHYNIX3xShort



SKHYNIX3S/USDT is showing a strong bullish move on the 1-hour chart, with price currently around 0.8677, up roughly 15.49% in 24 hours. The important point for me is that this move is supported by a clear breakout structure rather than a single candle.

Price is trading above all three moving averages: MA5 at 0.8581, MA10 at 0.8356, and MA30 at 0.7925. That alignment shows strong short-term momentum, but after such a fast move, I would avoid chasing the top blindly.

The immediate resistance is around 0.8677–0.8886. A clean 1H breakout above 0.8886 with stronger volume could open the door toward the 0.90–0.92 area.

On the downside, 0.8580 is the first level I would watch, followed by 0.8350–0.8250. Holding these areas would keep the bullish structure intact. If price loses 0.8250 with increasing selling pressure, a deeper pullback toward the 0.79–0.80 region becomes possible.

MACD is still positive, with DIF above DEA, confirming that momentum remains bullish. However, the recent vertical rise means volatility can increase quickly.

My approach here is simple: don't chase the breakout at the top. I would rather wait for either a confirmed break above 0.8886 or a healthy pullback toward support before considering an entry.

Key levels:
Support: 0.8580 / 0.8350 / 0.8250
Major support: 0.7925
Resistance: 0.8677 / 0.8886
Bullish target zone: 0.90–0.92

This is a momentum chart, so risk management matters more than trying to catch every candle.
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SKHYNIX3SSKHYNIX3S+15.14%


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ybaser
29 minutes ago
How much upside is left ?
0
ybaser
29 minutes ago
First Review
Interesting 👀
0