💰 $SKYAI
🔽 SHORT
✳️ ENTRY: 0.1700, 0.17400, 0.1800
🎯 TARGETS: 0.1650, 0.1600, 0.15400, 0.14650, 0.1300, 0.1230, 0.1000
🀄️ LEVERAGE: 10x
🔴 STOPLOSS: 0.1850
#SKYAI continues to show a very weak structure across multiple timeframes. The 15-minute, 1-hour, and 4-hour charts are all aligned to the downside, with price trading below MA7, MA25, MA99, and MA200, confirming strong bearish control.
The 15-minute chart shows continuous lower highs and lower lows while RSI remains deeply oversold. Although a short-term relief bounce can occur at any time, momentum indicators are still pointing downward. MACD remains bearish with expanding negative pressure, suggesting sellers are still dominating the market.
On the 1-hour chart, price recently broke below major support zones and failed to reclaim them. MA25 is acting as dynamic resistance, and every recovery attempt is being sold aggressively. This keeps the bearish trend intact.
The 4-hour chart looks even weaker. Price is trading significantly below the MA200, while RSI and MACD continue to trend downward without any meaningful bullish divergence. The structure suggests that further downside remains possible before a major reversal can develop.
For traders looking to enter, the safer approach is to use the 0.1700–0.1800 zone for scaling into positions rather than chasing the current candle. As long as price remains below 0.1850, bears maintain control.
A break below 0.1670 could accelerate selling pressure toward 0.1500, while sustained weakness may eventually push price toward the 0.1200–0.1000 region.
Trade carefully and stick to risk management. Oversold conditions can produce sharp temporary bounces, but the broader trend remains bearish until key moving averages are reclaimed. 📉
🔽 SHORT
✳️ ENTRY: 0.1700, 0.17400, 0.1800
🎯 TARGETS: 0.1650, 0.1600, 0.15400, 0.14650, 0.1300, 0.1230, 0.1000
🀄️ LEVERAGE: 10x
🔴 STOPLOSS: 0.1850
#SKYAI continues to show a very weak structure across multiple timeframes. The 15-minute, 1-hour, and 4-hour charts are all aligned to the downside, with price trading below MA7, MA25, MA99, and MA200, confirming strong bearish control.
The 15-minute chart shows continuous lower highs and lower lows while RSI remains deeply oversold. Although a short-term relief bounce can occur at any time, momentum indicators are still pointing downward. MACD remains bearish with expanding negative pressure, suggesting sellers are still dominating the market.
On the 1-hour chart, price recently broke below major support zones and failed to reclaim them. MA25 is acting as dynamic resistance, and every recovery attempt is being sold aggressively. This keeps the bearish trend intact.
The 4-hour chart looks even weaker. Price is trading significantly below the MA200, while RSI and MACD continue to trend downward without any meaningful bullish divergence. The structure suggests that further downside remains possible before a major reversal can develop.
For traders looking to enter, the safer approach is to use the 0.1700–0.1800 zone for scaling into positions rather than chasing the current candle. As long as price remains below 0.1850, bears maintain control.
A break below 0.1670 could accelerate selling pressure toward 0.1500, while sustained weakness may eventually push price toward the 0.1200–0.1000 region.
Trade carefully and stick to risk management. Oversold conditions can produce sharp temporary bounces, but the broader trend remains bearish until key moving averages are reclaimed. 📉
