$SKHYNIX The overall trend remains bearish.
In the short term, the price is in a bullish rebound and is currently testing the resistance zone between 985 and 990. This area previously acted as a strong rejection zone.
Shorting after rejection at resistance offers a better risk-reward ratio. However, strong short-term momentum means maintaining some bullish bias is prudent in case of a potential breakout.
$SKHYNIX Short Strategy (Priority: 60%)
· Trigger: Rejection and pullback from the 985–990 resistance zone.
· Short entry range: 985–1000
· Stop loss (SL): Above 1020
· Take profit (TP):
· TP1: 930
· TP2: 880
$SKHYNIX Long Strategy (Priority: 40%)
Don't blindly try to catch a falling knife here. Go long only if the price successfully turns 990 resistance into support (that is, closes strongly above 990, followed by a confirmed retest).
· Long entry range: 992–998
· Stop loss (SL): Below 950
· TP1: 1040
· TP2: 1100
Support me by trading here 👇#skhynix
In the short term, the price is in a bullish rebound and is currently testing the resistance zone between 985 and 990. This area previously acted as a strong rejection zone.
Shorting after rejection at resistance offers a better risk-reward ratio. However, strong short-term momentum means maintaining some bullish bias is prudent in case of a potential breakout.
$SKHYNIX Short Strategy (Priority: 60%)
· Trigger: Rejection and pullback from the 985–990 resistance zone.
· Short entry range: 985–1000
· Stop loss (SL): Above 1020
· Take profit (TP):
· TP1: 930
· TP2: 880
$SKHYNIX Long Strategy (Priority: 40%)
Don't blindly try to catch a falling knife here. Go long only if the price successfully turns 990 resistance into support (that is, closes strongly above 990, followed by a confirmed retest).
· Long entry range: 992–998
· Stop loss (SL): Below 950
· TP1: 1040
· TP2: 1100
Support me by trading here 👇#skhynix