$SKHYNIX

Exact Futures Contract: SKHYNIXUSDT Perpetual

Current Price: 1,105.51 USDT

Market Regime: Strong bullish expansion, but short-term momentum is stretched.

Dynamic Market Note: Price remains above major 1H/4H EMAs after a sharp rally, while 1H RSI is deeply overbought. The 1,116.60 high is now the immediate decision level.

Market Bias: Bullish, with elevated pullback risk.

Personal Observation: I would avoid chasing this rally near resistance; confirmation around 1,116.60 offers a cleaner decision.

Primary Setup — LONG Entry Zone: 1,117–1,121 Confirmation: 15M close above 1,116.60 followed by a successful retest/hold with improving volume. SL: 1,098 TP1: 1,135 TP2: 1,155 TP3: 1,180 R:R: ~1:1–3.0 Confidence: 72% Risk: High Duration: 4–18h

Alternative Setup — SHORT Entry Zone: 1,088–1,093 Confirmation: 15M breakdown below EMA25/1,093 followed by failed reclaim and bearish volume confirmation. SL: 1,108 TP1: 1,080 TP2: 1,063 TP3: 1,040 R:R: ~1:0.6–2.6 Confidence: 61% Risk: High Duration: 4–18h

Key Levels: Support: 1,093 Resistance: 1,116.60

No confirmation = No Trade.

👉 Trade Here: $SKHYNIX — SKHYNIXUSDT Perpetual

This analysis reflects current technical and derivatives evidence, not certainty or financial advice. Protect your capital, trade with discipline, use proper risk management, and always do your own research (DYOR).