📢 $SKHYB / $USDT | 🟢 LONG | ⭐ 71.3%
🎯 Goal: $169.03. Does it reach it?
🎯 Trading levels:
🟢 Entry: $164.06
🛑 Stop Loss: $161.08
🏁 TP1: $169.03
🏁 TP2: $170.02
🏁 TP3: $172.01
📈 Analysis:
The asset $SKHYB shows a bullish multi-timeframe alignment, with the exponential moving averages EMA20 and EMA50 set upward. The ADX of 35.18 confirms a strong trend, while the RSI at 57.98 leaves room for upside development without entering overbought territory. Despite the MACD signal, the buy absorption phenomenon suggests an institutional defense in the current support zone.
⚖️ Risk/Reward: 1:1.67
⏱️ Timeframe: 1H
📐 Technical confidence: 5/5
The thesis is invalidated by a sustained close below $161.08, a level that jeopardizes the structure of higher highs. We will monitor volume in the entry zone to confirm that buying pressure prevails over the previous triple-top pattern.
Do you think volume absorption will be enough to break the immediate resistance?
💡 This analysis is for educational purposes and not financial advice. Do your own research and decide calmly.
#crypto #SKHYB #trading #Futures #Bullish
🎯 Goal: $169.03. Does it reach it?
🎯 Trading levels:
🟢 Entry: $164.06
🛑 Stop Loss: $161.08
🏁 TP1: $169.03
🏁 TP2: $170.02
🏁 TP3: $172.01
📈 Analysis:
The asset $SKHYB shows a bullish multi-timeframe alignment, with the exponential moving averages EMA20 and EMA50 set upward. The ADX of 35.18 confirms a strong trend, while the RSI at 57.98 leaves room for upside development without entering overbought territory. Despite the MACD signal, the buy absorption phenomenon suggests an institutional defense in the current support zone.
⚖️ Risk/Reward: 1:1.67
⏱️ Timeframe: 1H
📐 Technical confidence: 5/5
The thesis is invalidated by a sustained close below $161.08, a level that jeopardizes the structure of higher highs. We will monitor volume in the entry zone to confirm that buying pressure prevails over the previous triple-top pattern.
Do you think volume absorption will be enough to break the immediate resistance?
💡 This analysis is for educational purposes and not financial advice. Do your own research and decide calmly.
#crypto #SKHYB #trading #Futures #Bullish