Why chase even more at this position $SKHYNIX ? Can set sell orders for free—it's the truth!!!

Why do I say that? The reason to go short is simple: on the 1-hour timeframe, the previous rally of 1292 failed to break through. Now it has turned around and is heading down. The short-term moving averages have already turned down and are pressing. The MACD dead cross keeps weakening, and even rebounds haven't managed to hold above the moving averages—this shows that bullish momentum has been continuously weakening, and the bears are starting to accept the market.

Trading suggestion:

For Hynix, short around the current price near 1210. Targets: 1150. If it breaks through, then look at 1100.

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