SKHY Four consecutive four-hour bearish candles; the price is staying below the moving average, and the market has no strength left for a rebound. The 8-hour average fee is negative. On the spot order book, buy volume is only about a little more than twice the sell volume—this depth isn’t even enough to count as “supporting the market”; it’s purely because nobody is taking the bids. Shorts are selling volume to pin down buy volume; any new positions coming in are all adding to shorts, not bottom-fishing. Calling this market a rebound is deceiving—any rebound is just a window for you to exit. Short at 188.40. First target: 180.50. Stop-loss: 196.50—place the stop-loss above the prior high; don’t convince yourself with that small dip-and-retrace.
