Is $SKHYB still going down? Here is the bearish continuation setup 📉
Continuation | 📉 Sell
💰 Current price: 185.40
📊 24h range: 179.20 – 189.75
📦 24h volume: $7.72M USDT
📐 Technical indicators:
Current price: 185.40 — trading right at the MA60 support limit (185.39) ⚠️
Structure: Loss of bullish strength in the short term. Price made a quick spike to 185.50 that was immediately rejected, forming a lower high that pressures the moving average.
📉 Entry zone (Short/Sell): 185.40 – 185.50
🛑 Stop loss: 185.80 (Above the last rejection peak)
🎯 Target 1: 185.31
🎯 Target 2: 182.50
🎯 Target 3: 179.20 (24h low)
📊 Confidence: 81%
Technical note: Although the asset shows a daily balance of +1.95%, the minute chart shows demand fatigue. If the candles close firmly below the MA60, selling pressure will increase, seeking to break the lower range supports.
$SKHYB
Click here to trade👇
#BinanceSquare #PublicayGana #white2Earn
Continuation | 📉 Sell
💰 Current price: 185.40
📊 24h range: 179.20 – 189.75
📦 24h volume: $7.72M USDT
📐 Technical indicators:
Current price: 185.40 — trading right at the MA60 support limit (185.39) ⚠️
Structure: Loss of bullish strength in the short term. Price made a quick spike to 185.50 that was immediately rejected, forming a lower high that pressures the moving average.
📉 Entry zone (Short/Sell): 185.40 – 185.50
🛑 Stop loss: 185.80 (Above the last rejection peak)
🎯 Target 1: 185.31
🎯 Target 2: 182.50
🎯 Target 3: 179.20 (24h low)
📊 Confidence: 81%
Technical note: Although the asset shows a daily balance of +1.95%, the minute chart shows demand fatigue. If the candles close firmly below the MA60, selling pressure will increase, seeking to break the lower range supports.
$SKHYB
Click here to trade👇
#BinanceSquare #PublicayGana #white2Earn
