Smart money is fading the range and targeting 1317 right now.
$SKHYNIX /USDT - 🟢 SHORT · Conf 77%
Trade Plan:
Entry: 1337.18917 – 1338.51083
SL: 1353.86463
TP1: 1325.83903
TP2: 1317.83171
TP3: 1305.82074
Why this setup?
Why now? The 1h price is resting at 1337.85, a level where the 15m RSI sits at 39.91, signaling bearish exhaustion within the range. The 1h ATR of 6.67 shows enough volatility to push from the entry zone into the first target near 1325.84. Because the daily trend is range-bound, this is a counter-trend bet against the higher-timeframe structure, which carries higher risk than a trend-following setup, so traders should size down and respect the stop loss. The invalidation level at 1344.49 is the hard line in the sand that protects this short bias.
Debate:
Are we hitting 1317 or getting trapped at 1344?
Click here to view the chart 👇️
⚠️ Personal market analysis only. NFA — manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.
$SKHYNIX /USDT - 🟢 SHORT · Conf 77%
Trade Plan:
Entry: 1337.18917 – 1338.51083
SL: 1353.86463
TP1: 1325.83903
TP2: 1317.83171
TP3: 1305.82074
Why this setup?
Why now? The 1h price is resting at 1337.85, a level where the 15m RSI sits at 39.91, signaling bearish exhaustion within the range. The 1h ATR of 6.67 shows enough volatility to push from the entry zone into the first target near 1325.84. Because the daily trend is range-bound, this is a counter-trend bet against the higher-timeframe structure, which carries higher risk than a trend-following setup, so traders should size down and respect the stop loss. The invalidation level at 1344.49 is the hard line in the sand that protects this short bias.
Debate:
Are we hitting 1317 or getting trapped at 1344?
Click here to view the chart 👇️
⚠️ Personal market analysis only. NFA — manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.
