$SKYAI Signal | 1H Retracement with Long Entry, Be Cautious of Funding Rate Highs and Short Squeeze Risks

$SKYAI 4H Bollinger Upper Band at 0.2544 is acting as resistance, 1H MACD volume bars are continuously narrowing, indicating weakening buying momentum. Bid/Ask ratio of 1.16 shows buy orders below still exist, but the current price of 0.2469 has already moved away from the upper boundary of the suggested zone. The funding rate at 0.081% is moderately high; if the price drops quickly, short covering may accelerate.

🎯Direction: Long (Pending Order Retracement)

⚡Entry/Order: 0.2039

🛑Stop Loss: 0.1881

🚀Target 1: 0.2356

🚀Target 2: 0.2515

🛡️Trade Management:
- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to breakeven. If the price falls back into the entry zone, automatically exit to protect capital.

(Depth Logic: The suggested entry zone of 0.2039-0.2457 reflects strong support. The current price deviates significantly, with a retracement depth potentially exceeding 15%. Stable open interest indicates no large-scale liquidation, and with a 0.081% fee rate, long position costs remain acceptable. The risk/reward ratio is close to 1:1.7, making it worth waiting for a trigger. )

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