【$SKYAI Signal】1H retracement to the upper boundary of the range, setting up a long position

$SKYAI Funding rate 0.0915%, 1H MACD histogram has three consecutive shrinking bars, indicating weakening buying pressure.
The 4H Bollinger upper band at 0.6065 acts as a short-term resistance, with the price slightly pulling back to 0.589, just near the suggested range upper limit of 0.58627.
Buy one sell one depth ratio is 1.28, support below is acceptable, but order density is relatively low.

🎯Direction: Long (placing orders)

⚡Entry/Order: 0.58627

🛑Stop loss: 0.35034

🚀Target 1: 0.63940

🚀Target 2: 0.73575

🛡️Trade management:
- Execution strategy: Place order at 0.58627, if filled and 1H closes below 0.58, exit early.
- Upon reaching Target 1, reduce position by 50%, move stop loss to break-even.
- Remaining position aims for Target 2.
- If the price oscillates in the order zone for over 4 hours without filling, cancel the order.

(Depth logic: OI is stable, funding rate is relatively high but hasn't triggered a short squeeze, indicating ongoing battle between bulls and bears. The 4H trend remains upward, but 1H momentum is waning, possibly a short-term pullback before re-accumulation. Personally, I don't find the risk-reward ratio ideal, but since the range gives 0.58627, follow the discipline. If the price directly breaks above 0.6065, cancel the order and wait for a pullback to re-enter.)

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