🔴 $SKHYNIX USDT · Bias: SHORT
The price is below a cluster of bearish EMAs on the 4-hour chart, so the swing trend is bearish.
Entry: 850.61425 – 856.82575
TP1: 812.56474 (-4.8%)
TP2: 785.12790 (-8.0%)
TP3: 743.97264 (-12.9%)
SL: 908.59368 (+6.4%)
Note: conviction is moderate only; keep your position small.
Reason: ADX shows sellers are driving the move, with DI- at 28.5 versus DI+ at 14.6.
Plan: close 50% at TP1, 25% at TP2, and 25% at TP3; after TP1, move the stop to the entry price.
The price is below a cluster of bearish EMAs on the 4-hour chart, so the swing trend is bearish.
Entry: 850.61425 – 856.82575
TP1: 812.56474 (-4.8%)
TP2: 785.12790 (-8.0%)
TP3: 743.97264 (-12.9%)
SL: 908.59368 (+6.4%)
Note: conviction is moderate only; keep your position small.
Reason: ADX shows sellers are driving the move, with DI- at 28.5 versus DI+ at 14.6.
Plan: close 50% at TP1, 25% at TP2, and 25% at TP3; after TP1, move the stop to the entry price.