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【$SKYAI Signal】High volume contraction at high levels, pullback with bullish logic
4H MACD histogram shrinks to 0.0116, buying pressure ratio 1.39.
Price surged to 0.345 then retreated to the 0.318-0.321 range, volume sharply dropped from 415 million to 14.56 million.
1H RSI 63.61 not overbought, Bollinger Band middle line at 0.2923 still rising.
Intraday risk-reward ratio should be cautious, but there is dense buying around 0.3190 below, short-term bulls still have room for debate.
🎯Direction: Long (pending order retracement)
⚡Entry/Order: 0.3190
🛑Stop loss: 0.2110
🚀Target 1: 0.3203
🚀Target 2: 0.3216
🛡️Trade management:
- After the pending order is filled, if the price drops below 0.3190, evaluate immediately.
- Reduce 50% of position at Target 1, move stop loss to break even.
- Market is very narrow, watch out for slippage.
(Depth logic: OI stable, funding rate at 0.0069% normal.
High volume at high levels contracts, volume contracts, buying power still exists, but momentum is waning.
This order aims at recovery after sharp decline, not trend continuation.)
Check real-time market 👇 $SKYAI
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