๐จ $SKHYNIX Short Setup
I'm watching $SKHYNIX for a potential downside move as the 4H chart continues to show weakness.
๐ด Entry: 1,270 โ 1,285
๐ Stop Loss: 1,335
๐ฏ TP1: 1,245
๐ฏ TP2: 1,220
๐ฏ TP3: 1,190
The price is struggling below a major resistance zone, while the 99 EMA is still acting as dynamic resistance. MACD momentum is fading, suggesting buyers are losing strength. If price breaks below 1,245, sellers could take control and push the market lower.
โ ๏ธ A strong 4H close above 1,335 invalidates this setup.
Trade with discipline. Protect your capital.
#SKHYNIX #futures #Short #trading
I'm watching $SKHYNIX for a potential downside move as the 4H chart continues to show weakness.
๐ด Entry: 1,270 โ 1,285
๐ Stop Loss: 1,335
๐ฏ TP1: 1,245
๐ฏ TP2: 1,220
๐ฏ TP3: 1,190
The price is struggling below a major resistance zone, while the 99 EMA is still acting as dynamic resistance. MACD momentum is fading, suggesting buyers are losing strength. If price breaks below 1,245, sellers could take control and push the market lower.
โ ๏ธ A strong 4H close above 1,335 invalidates this setup.
Trade with discipline. Protect your capital.
#SKHYNIX #futures #Short #trading