Just now opened the 1-hour chart of $SKYAI . After the previous candlestick closed, it almost didn’t move, and the high and low were squeezed into a very tight range. The thing is, on the fee rate side, the shorts are still paying the longs—yet the price is stubbornly staying locked in place. To put it plainly, the market is testing the boundary of selling pressure with very little force, but this kind of calm is itself a signal.

At this level, the volume contraction is too obvious. The volume that had surged earlier has now shrunk down to a level near a dead low, and the “buyers are propping it up” vibe is very strong. If the bulls were truly strong, they would have already pushed price higher by borrowing leverage from the fee rate—this wouldn’t be how it just sideways stalls, waiting for someone else to make the first move. For pending orders, place your stop-loss below the lower edge of the convergence range, and wait with a light position for it to show its stance 🎯