$SKHY REJECTING KEY RESISTANCE – SHORT SETUP ACTIVE ⚡
Entry: 156.60 🔥
Target: 153.00 🚀
Stop Loss: 160.90 ⚠️
Price is testing the 156–159 resistance zone and just printed a clear rejection candle on the 1H chart. Volume tapered off during the rally, suggesting the move lacks conviction to break higher. As long as this level holds, the path of least resistance remains to the downside toward 153.00 and beyond.
A break below 155.80 would confirm the rejection and accelerate selling pressure. Are you shorting this level or waiting for a clean break of structure?
Not financial advice. Always manage your risk.
#SKHY #ShortSetup #ResistanceRejection #CryptoAnalysis
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Entry: 156.60 🔥
Target: 153.00 🚀
Stop Loss: 160.90 ⚠️
Price is testing the 156–159 resistance zone and just printed a clear rejection candle on the 1H chart. Volume tapered off during the rally, suggesting the move lacks conviction to break higher. As long as this level holds, the path of least resistance remains to the downside toward 153.00 and beyond.
A break below 155.80 would confirm the rejection and accelerate selling pressure. Are you shorting this level or waiting for a clean break of structure?
Not financial advice. Always manage your risk.
#SKHY #ShortSetup #ResistanceRejection #CryptoAnalysis
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