$SKHY /USDT - SHORT
Trade Plan:
Entry: 189.31 – 195.40
SL: 197.70
TP1: 188.62
TP2: 176.89
TP3: 168.05
Why this setup?
• The 1h chart exhibits clear distribution behavior near the recent structural top, with a heavy rejection wick underneath the local apex of 195.40 after an extreme vertical expansion (+21.30%).
• Placing a strategic Stop Loss (SL) right above the immediate local resistance ceiling at 197.70 preserves a tight, structured risk profile against temporary upward volatility.
• Entering a short position within the 189.31 to 195.40 distribution cluster offers a clean 1:3 Risk:Reward framework, targeting a mean-reversion move highlighted by the orange down arrow toward the dynamic MA25 and MA99 support zones.
#FootballSeason2026 #JuneCPIFedHike20% #JuneCPIFedHike20% #JuneCPIFedHike20% #FootballSeason2026 $SKHY
Trade Plan:
Entry: 189.31 – 195.40
SL: 197.70
TP1: 188.62
TP2: 176.89
TP3: 168.05
Why this setup?
• The 1h chart exhibits clear distribution behavior near the recent structural top, with a heavy rejection wick underneath the local apex of 195.40 after an extreme vertical expansion (+21.30%).
• Placing a strategic Stop Loss (SL) right above the immediate local resistance ceiling at 197.70 preserves a tight, structured risk profile against temporary upward volatility.
• Entering a short position within the 189.31 to 195.40 distribution cluster offers a clean 1:3 Risk:Reward framework, targeting a mean-reversion move highlighted by the orange down arrow toward the dynamic MA25 and MA99 support zones.
#FootballSeason2026 #JuneCPIFedHike20% #JuneCPIFedHike20% #JuneCPIFedHike20% #FootballSeason2026 $SKHY