$SKHYB
🔻 $SKHYB SHORT SETUP 🔴 Sellers are stepping in — here's the setup. ⚡
$SKHYB is facing significant downward pressure, reflecting a sharp 24h decline of 7.73% as it tests levels near its daily lows. Increased selling volume of $13,470,675.58 suggests that bears remain in firm control of the current market structure.
📊 24h: -7.73% | Vol: $13,470,675.58
📉 TRADE PLAN
🔹 Entry: 142.30
🛑 Stop Loss: 145.45
🎯 TP1: 137.58
🎯 TP2: 134.42
🎯 TP3: 131.26
⚖️ Risk:Reward (TP1): 1:1.50
🔔 Trigger: A confirmed hourly close below the 141.28 support level would indicate continued bearish momentum.
⚠️ Risk Note: High volatility is expected; ensure proper position sizing to manage potential downside swings.
Always wait for clear price action confirmation before committing your capital to the trade.
Click below 👇🏻 to trade
$SKHYB
Follow @T4_TZX for more updates...
#SKHYB #CryptoTrading #MarketAnalysis #BinanceSquare
🔻 $SKHYB SHORT SETUP 🔴 Sellers are stepping in — here's the setup. ⚡
$SKHYB is facing significant downward pressure, reflecting a sharp 24h decline of 7.73% as it tests levels near its daily lows. Increased selling volume of $13,470,675.58 suggests that bears remain in firm control of the current market structure.
📊 24h: -7.73% | Vol: $13,470,675.58
📉 TRADE PLAN
🔹 Entry: 142.30
🛑 Stop Loss: 145.45
🎯 TP1: 137.58
🎯 TP2: 134.42
🎯 TP3: 131.26
⚖️ Risk:Reward (TP1): 1:1.50
🔔 Trigger: A confirmed hourly close below the 141.28 support level would indicate continued bearish momentum.
⚠️ Risk Note: High volatility is expected; ensure proper position sizing to manage potential downside swings.
Always wait for clear price action confirmation before committing your capital to the trade.
Click below 👇🏻 to trade
$SKHYB
Follow @T4_TZX for more updates...
#SKHYB #CryptoTrading #MarketAnalysis #BinanceSquare