After the shakeout, the recovery phase is slowly beginning to open up
Recently, the price movements of two assets, $SKHYB and SNDK, have provided the market with very good reference signals.
Looking back at the K-line chart: after an initial deep pullback and a thorough washout, capital has started gradually flowing back in. SKHY rebounded strongly from around the 114 low point and climbed all the way up to the 196 range; after SNDK’s sharp drop, it held the bottom support and bounced from the lowest 975 to the 1766 level.
The SAR indicator has also shifted from sustained bearish to bullish—yellow dots appear below the K-line, indicating that the trend has turned from falling to rising, and bullish momentum is once again gaining the upper hand.
The market won’t keep moving downward in only one direction. A sufficient pullback is the process of building momentum. In the short term, there may be ups and downs with repeated tug-of-war, but the larger bottom range has already been identified. Stay patient, follow the trend, and wait for the market to continue delivering results.$SNDKB #SKHYB #SNDKB
Recently, the price movements of two assets, $SKHYB and SNDK, have provided the market with very good reference signals.
Looking back at the K-line chart: after an initial deep pullback and a thorough washout, capital has started gradually flowing back in. SKHY rebounded strongly from around the 114 low point and climbed all the way up to the 196 range; after SNDK’s sharp drop, it held the bottom support and bounced from the lowest 975 to the 1766 level.
The SAR indicator has also shifted from sustained bearish to bullish—yellow dots appear below the K-line, indicating that the trend has turned from falling to rising, and bullish momentum is once again gaining the upper hand.
The market won’t keep moving downward in only one direction. A sufficient pullback is the process of building momentum. In the short term, there may be ups and downs with repeated tug-of-war, but the larger bottom range has already been identified. Stay patient, follow the trend, and wait for the market to continue delivering results.$SNDKB #SKHYB #SNDKB
