The newly issued SOXL strategy has successfully captured profits as expected, with the structure signals being fulfilled. I didn’t see any signs of accumulation—instead, the distribution vibe has been getting stronger. For this round of price increase after $SKHYNIX , I watched the volume structure all afternoon: on the 4-hour timeframe, we kept seeing upper wicks as a test, and every time the price rallied, sell orders pushed it back down. This is definitely not a good sign.
My logic is simple. The price keeps getting stuck and hesitating repeatedly in a key supply zone, but the downside support strength is weakening each time. In this kind of structure, any rebound is basically giving short-sellers a better entry—not providing you with a reason to chase longs. Shorting is all about the risk-reward ratio. At this position, the space to the downside is clearly smoother and more favorable than any upside.
For short-term traders, the battle of positions is loosening. Once price breaks below the recent trading range’s midpoint (consolidation center), it can easily trigger a chain reaction of stop-losses. I won’t try to guess the bottom here. I’ll follow the structure and wait for the market to give us the answer.
🔴 Trading direction: Short
📍 Entry range: 1369.8 – 1399.8
🛑 Stop loss: 1409.8
🎯 Take profit 1: 1349.8
🎯 Take profit 2: 1319.8
No need to chase the trend—once the trend arrives, it will stay there.
Stand side by side with Sister Li, and let every moment resonate.
#SKHYNIX
Click below to trade 👇
My logic is simple. The price keeps getting stuck and hesitating repeatedly in a key supply zone, but the downside support strength is weakening each time. In this kind of structure, any rebound is basically giving short-sellers a better entry—not providing you with a reason to chase longs. Shorting is all about the risk-reward ratio. At this position, the space to the downside is clearly smoother and more favorable than any upside.
For short-term traders, the battle of positions is loosening. Once price breaks below the recent trading range’s midpoint (consolidation center), it can easily trigger a chain reaction of stop-losses. I won’t try to guess the bottom here. I’ll follow the structure and wait for the market to give us the answer.
🔴 Trading direction: Short
📍 Entry range: 1369.8 – 1399.8
🛑 Stop loss: 1409.8
🎯 Take profit 1: 1349.8
🎯 Take profit 2: 1319.8
No need to chase the trend—once the trend arrives, it will stay there.
Stand side by side with Sister Li, and let every moment resonate.
#SKHYNIX
Click below to trade 👇