【Watch Rise】
SKHYB currently reports 180.22, up 1.88% over the past 24 hours. The past 7 days are still down 3.27%. The intraday range is 172.44–181.42, with a volatility of 5.2%.
【Price Action】
Over the past several 4-hour K-lines, the center of gravity has been steadily rising, and there are fairly clear signs of bullish dominance and control of the order flow.
172.44 is the starting point of this round of the upswing, and the pullback to this area offers a decent value-for-money setup.
Meanwhile, the broader market is only down -1.30% in the same period; with SKHYB up 1.88%, it has secured outperformance.
In the short term, the bias is bullish.
【Bullish Rationale】
With a single-day gain of 1.88% right here, short-term bulls are in the better position.
181.42 has been tested repeatedly, and the bulls have no intention to give ground for the time being.
The short-term rally speed is a bit fast—needle-spike risk (intraday wicks) cannot be ignored. Waiting for a confirmed pullback before taking action is more prudent.
Short-term resistance is at 181.42: if it breaks through on higher volume, then follow along. 172.44 is this wave’s bullish defense level.
$SKHYB #SKHYB
SKHYB currently reports 180.22, up 1.88% over the past 24 hours. The past 7 days are still down 3.27%. The intraday range is 172.44–181.42, with a volatility of 5.2%.
【Price Action】
Over the past several 4-hour K-lines, the center of gravity has been steadily rising, and there are fairly clear signs of bullish dominance and control of the order flow.
172.44 is the starting point of this round of the upswing, and the pullback to this area offers a decent value-for-money setup.
Meanwhile, the broader market is only down -1.30% in the same period; with SKHYB up 1.88%, it has secured outperformance.
In the short term, the bias is bullish.
【Bullish Rationale】
With a single-day gain of 1.88% right here, short-term bulls are in the better position.
181.42 has been tested repeatedly, and the bulls have no intention to give ground for the time being.
The short-term rally speed is a bit fast—needle-spike risk (intraday wicks) cannot be ignored. Waiting for a confirmed pullback before taking action is more prudent.
Short-term resistance is at 181.42: if it breaks through on higher volume, then follow along. 172.44 is this wave’s bullish defense level.
$SKHYB #SKHYB
