The XRP strategy I shared earlier has already taken profit in the previous round. Opportunities to make easy money are often hidden behind traps, so I’m treating this rebound at $SKHYNIX as a trap being set. The four-hour price is still below the moving averages, and the one-hour chart hasn’t managed to climb back above them either. The trend direction is actually quite clear.
The area above is a real resistance zone, and volume isn’t keeping up. Any push higher is likely just handing people an opportunity to offload their positions. Don’t let a few bullish candles throw you off when watching the charts. Until the structure turns, a rebound is simply where the bears can regain momentum. It’s safer to be patient and wait for it to weaken on its own.
🔴 Trade direction: Short
📍 Entry range: 847.92456 – 853.30657
🛑 Stop loss: 904.69768
🎯 Take profit 1: 810.05398
🎯 Take profit 2: 783.01292
🎯 Take profit 3: 742.45135
No need to chase the winds of change; they’ll linger on their own.
Stand shoulder to shoulder with Sister Li, and let every moment resonate.
#SKHYNIX
Click below to trade 👇
The area above is a real resistance zone, and volume isn’t keeping up. Any push higher is likely just handing people an opportunity to offload their positions. Don’t let a few bullish candles throw you off when watching the charts. Until the structure turns, a rebound is simply where the bears can regain momentum. It’s safer to be patient and wait for it to weaken on its own.
🔴 Trade direction: Short
📍 Entry range: 847.92456 – 853.30657
🛑 Stop loss: 904.69768
🎯 Take profit 1: 810.05398
🎯 Take profit 2: 783.01292
🎯 Take profit 3: 742.45135
No need to chase the winds of change; they’ll linger on their own.
Stand shoulder to shoulder with Sister Li, and let every moment resonate.
#SKHYNIX
Click below to trade 👇