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【$SKYAI Signal】Pullback on multiple callbacks, funding rate is relatively high, waiting for a dip
$SKYAI 4H Bollinger upper band at 0.2114 was pierced, volume 48M but buy order ratio dropped to 0.48. Bulls pushed up to 0.220 then retreated, 1H RSI 71.6 indicates short-term overheating. Funding rate at 0.049% is relatively high, increasing long position costs. Depth ratio of 1.15 shows buy support still exists, but selling pressure at high levels is beginning to appear. Current price is 0.212, above the upper boundary of the suggested entry zone. Waiting for the price to dip to the 0.18236-0.21105 range before considering entry, for more safety.
🎯Direction: Watch (Place buy orders)
⚡Entry/Order: 0.18236
🛑Stop loss: 0.17791
🚀Target 1: 0.21212
🚀Target 2: 0.21297
🛡️Trade management:
- Execution strategy: Reduce 50% of position after reaching Target 1, and move stop loss to break-even. If the price falls back into the entry zone, automatically exit to protect principal.
Depth logic: OI is stable, funding rate is high. If the price dips to the support zone and volume shrinks, bulls may regain strength. The current risk-reward ratio is only reasonable when the price falls back to the support area.
Check real-time market 👇 $SKYAI
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