$SKHYB Looking Bearish
Market structure has shifted in favor of the sellers after losing short-term support. Price is trading below the Supertrend, showing bearish momentum. A recovery above resistance is needed before any bullish confirmation.
Entry Zone: 146.20 – 146.60
TP1: 145.50
TP2: 144.90
TP3: 144.20
SL: 147.80
Analysis:
• Supertrend remains bearish.
• Strong selling pressure is visible.
• Lower highs and lower lows indicate continued downside momentum.
• Watch for rejection near the entry zone before expecting further downside.
Trade with proper risk management.
Let's trade $SKHYB
Market structure has shifted in favor of the sellers after losing short-term support. Price is trading below the Supertrend, showing bearish momentum. A recovery above resistance is needed before any bullish confirmation.
Entry Zone: 146.20 – 146.60
TP1: 145.50
TP2: 144.90
TP3: 144.20
SL: 147.80
Analysis:
• Supertrend remains bearish.
• Strong selling pressure is visible.
• Lower highs and lower lows indicate continued downside momentum.
• Watch for rejection near the entry zone before expecting further downside.
Trade with proper risk management.
Let's trade $SKHYB