【$SKYAI Signal】Waiting for a pullback, opportunity to catch the rebound after 1H overheating

$SKYAI 1H level RSI surges to 82, clear signs of buy-side divergence, 4H Bollinger Band upper band has been pierced. The MACD histogram continues to expand on the 1-hour timeframe, but new highs in price are not accompanied by a corresponding increase in open interest, and the funding rate is as high as 0.11%, indicating a short-term overheating risk.

This position carries a higher risk of chasing than reward; wait for a healthy pullback.

🎯Direction: Pull back to go long (place order)

⚡Entry/Order: Place a long order around 0.17004

🛑Stop loss: 0.15502

🚀Target 1: 0.20008

🚀Target 2: 0.21509

🛡️Trade management: - Execute strategy: After reaching Target 1, reduce half of the position, and move the remaining stop loss up to the entry price. If the price does not rebound as expected after placing the order, abandon the trade directly.

The 4-hour MACD has formed a golden cross and continues to strengthen, indicating the trend remains bullish. However, the extreme overbought condition on the 1-hour timeframe and the premium in the funding rate provide sufficient reasons for a short-term pullback. The area around 0.1700 below is a resonance zone where the 1-hour EMA50 and 4-hour EMA20 converge, also a previous high-volume breakout zone, with clear support from funds. Catching the rebound here offers a better risk-reward ratio.

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