$SKHYB : Critical Resistance Test: $SKHYB Preparing to Surge Higher
LONG SETUP SKHYB
Entry: $142.800 - $143.100
Stop Loss: $137.232
Take Profit: $154.386 (2R)
Key Levels: Support $139.380 | Resistance $143.570
Technical Analysis for $SKHYB : MACD is bullish (0.96 > 0.75) with a positive histogram, RSI sits at 62.9 and Stochastic K/D are near 88, indicating strong upward momentum. Price rests above the 9, 21, 50 and 200EMA line, and the orderbook shows a 6 % bidside imbalance. With support at 139.38 and resistance near 143.57, the indicators favor a long bias.
Market Context: Bitcoin is in a bearish 4hour trend, down 0.14 % on the day, while overall market shows a mixed breadth with 57
LONG $SKHYB
LONG SETUP SKHYB
Entry: $142.800 - $143.100
Stop Loss: $137.232
Take Profit: $154.386 (2R)
Key Levels: Support $139.380 | Resistance $143.570
Technical Analysis for $SKHYB : MACD is bullish (0.96 > 0.75) with a positive histogram, RSI sits at 62.9 and Stochastic K/D are near 88, indicating strong upward momentum. Price rests above the 9, 21, 50 and 200EMA line, and the orderbook shows a 6 % bidside imbalance. With support at 139.38 and resistance near 143.57, the indicators favor a long bias.
Market Context: Bitcoin is in a bearish 4hour trend, down 0.14 % on the day, while overall market shows a mixed breadth with 57
LONG $SKHYB
