A sharp structural breakdown triggered heavy liquidation cascades near key psychological levels, leaving the order books primed for a volatility reset. Sellers dominated recent sessions, but momentum is showing early signs of stabilization around local demand zones.
$SKHYNIX – LONG
Entry: 1168.50–1171.00
SL: 1156.50
TP1: 1180.00
TP2: 1195.00
TP3: 1205.00
The aggressive downside flush swept significant sell-side liquidity below the 1160 mark, establishing a clear structural support base. Price action is attempting to reclaim intermediate micro-ranges, supported by decreasing selling volume and a favorable risk-to-reward ratio for a mean reversion play toward overhead inefficiency zones.
$SKHYNIX – LONG
Entry: 1168.50–1171.00
SL: 1156.50
TP1: 1180.00
TP2: 1195.00
TP3: 1205.00
The aggressive downside flush swept significant sell-side liquidity below the 1160 mark, establishing a clear structural support base. Price action is attempting to reclaim intermediate micro-ranges, supported by decreasing selling volume and a favorable risk-to-reward ratio for a mean reversion play toward overhead inefficiency zones.
