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【$SKYAI Signal】Callback to add more orders
$SKYAI 1H Bollinger Band upper band 0.3835, price closely touching, RSI 73.4.
4H RSI 83, in overbought zone. MACD histogram shrinking, buy order depth ratio 1.64, sell orders thick.
Funding rate 0.055%, relatively high, open interest stable, short squeeze risk exists.
Current position risk-reward ratio is not optimal, waiting for a pullback.
🎯Direction: Long (place order)
⚡Entry/Order: 0.38024
🛑Stop loss: 0.22895
🚀Target 1: 0.37687
🚀Target 2: 0.42617
🛡️Trade management: Enter at 0.38024 when price touches the order, if it directly breaks below, abandon.
Reduce position by 50% upon reaching Target 1, move stop loss to break-even.
Close remaining position at Target 2.
Note: Target 1 is below entry price, actual operation may see a pullback first, flexible adjustment needed.
Depth logic: 1H candlestick volume shrinks after rally, consolidating at high levels.
4H Bollinger Bands opening upward, trend slightly bullish.
But high funding rate indicates market overheating, short-term correction probability increases.
Pullback near EMA20 (about 0.34) is a safer long entry point, but the order at 0.38024 is an aggressive strategy.
View real-time market 👇 $SKYAI
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