$SKYAI Is it possible to open a short position now?

Slyal analyzed whether it’s possible to go short at this moment:
The main force has been consolidating and shaking out positions for nearly a week, harvesting a lot of chips.
From the capital flow perspective, many whales have been taken out by the dog whales.
Every time they push the price up to distribute, the number of bullish followers surges, giving the market makers time to pledge and unload.
While unloading pressure is present, a large amount of chips are used to build short positions.
This can be seen from the hourly candlestick chart: a big downward candle with a long upper shadow indicates the market maker’s selling pressure and short building.
Trading volume surges.
At this time, retail traders, influenced by the high point of the market, are heavily entering short positions.
This directly hits the market maker’s gunpoint.
This is also the method market makers use to harvest the short sellers over several days.
Looking at smart money, most high-quality funds are clearly bullish.
Quantitative analysis of the minute chart and chip distribution clearly show that building short positions now would only serve as fuel for the market maker’s stretch!

Operation suggestion:
Currently, bullish sentiment is strong.
Do not open short positions for now.
If the price breaks above the resistance level, go long directly.
Wait for a pullback near 0.165 before opening short positions!

Operation suggestion:
Currently, bullish sentiment is strong.
Do not open short positions for now.
If the price breaks above the resistance level, go long directly.
Wait for a pullback near 0.165 before opening short positions!
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