$SKHYNIX Short 50x | Supply reached, execution window open.
SKHYNIX finally stepped into the zone where the short thesis either proves itself or gets discarded. This is the level where sellers must show up, or the trade loses its validity.
Trade Plan:
- Entry: 1237.68090 – 1242.30510
- TP1: 1218.35174 (R:R 1:0.7)
- TP2: 1203.92423 (R:R 1:1.2)
- TP3: 1182.28297 (R:R 1:2.0)
- SL: 1268.84801
Why this setup?
- The play is structural first: 4h short setup inside a range-bound daily, with price already reacting off 1237.68090–1242.30510.
- RSI15 at 67 gives room to press lower from an overbought reading, but only if sellers hold the line.
- Participation is real: volume at 0.58x, with 22.89K traded versus 39.18K expected, confirming who's in control.
My call. Your execution..
Trade here 👇 and Do you take the early fill at the edge, or wait for the confirmation break before committing?
SKHYNIX finally stepped into the zone where the short thesis either proves itself or gets discarded. This is the level where sellers must show up, or the trade loses its validity.
Trade Plan:
- Entry: 1237.68090 – 1242.30510
- TP1: 1218.35174 (R:R 1:0.7)
- TP2: 1203.92423 (R:R 1:1.2)
- TP3: 1182.28297 (R:R 1:2.0)
- SL: 1268.84801
Why this setup?
- The play is structural first: 4h short setup inside a range-bound daily, with price already reacting off 1237.68090–1242.30510.
- RSI15 at 67 gives room to press lower from an overbought reading, but only if sellers hold the line.
- Participation is real: volume at 0.58x, with 22.89K traded versus 39.18K expected, confirming who's in control.
My call. Your execution..
Trade here 👇 and Do you take the early fill at the edge, or wait for the confirmation break before committing?