$SKHY

SKHYUSDT Perpetual

Current Price: 139.73 USDT

Market Regime: Short-term bullish recovery within a broader 4H resistance structure.

Market Note: Price holds above key 1H EMAs, while RSI supports bullish momentum. However, declining Open Interest and weak 15M volume reduce breakout conviction.

Market Bias: Moderately Bullish

Personal Observation: Buyers currently control short-term structure, but 140.55 remains the critical breakout barrier.

Primary Setup — Long
Entry Zone: 140.55–140.85
Confirmation: 1H close above 140.55 followed by a successful retest, improving volume and stable/rising OI.
SL: 138.85
TP1: 142.90
TP2: 144.80
TP3: 148.00
Risk-to-Reward: Approx. 1:2.5
Confidence: 72%
Risk: Medium
Duration: 4–24H

Alternative Setup — Short
Entry Zone: 138.70–138.95
Confirmation: Breakdown below 138.75 with 15M close, failed reclaim and increasing sell volume.
SL: 140.20
TP1: 137.50
TP2: 135.60
TP3: 134.10
Risk-to-Reward: Approx. 1:2.8
Confidence: 61%
Risk: Medium-High
Duration: 4–24H

Key Levels: Support 138.75 | Resistance 140.55

No confirmation = No Trade.

👉 Trade Here: $SKHY — SKHYUSDT Perpetual

This analysis reflects current chart and derivatives evidence, not certainty or financial advice. Market conditions may change rapidly. Protect your capital, trade with discipline, use proper risk management, and always do your own research (DYOR).