$SKHYNIX – SHORT
Entry: 1234.00–1234.03
SL: 1235.25
TP1: 1233.00
TP2: 1232.10
TP3: 1231.20
The current price action reveals a consistent breakdown in momentum with successive lower highs established across recent sessions. Bearish volume remains dominant, confirming a distribution phase near the latest resistance. Sellers are pressuring key support levels, and a clean break below 1232 confirms the ongoing downtrend. Traders should monitor liquidity clusters for potential acceleration toward lower targets as distribution continues.
Entry: 1234.00–1234.03
SL: 1235.25
TP1: 1233.00
TP2: 1232.10
TP3: 1231.20
The current price action reveals a consistent breakdown in momentum with successive lower highs established across recent sessions. Bearish volume remains dominant, confirming a distribution phase near the latest resistance. Sellers are pressuring key support levels, and a clean break below 1232 confirms the ongoing downtrend. Traders should monitor liquidity clusters for potential acceleration toward lower targets as distribution continues.