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$SKYAI Signal: Multiple pullbacks, 4H bullish trend not yet exhausted
$SKYAI 4H MACD shows a golden cross but the histogram narrows, 1H MACD shows a death cross expanding, indicating a tug-of-war between bulls and bears. The order book sell depth reaches -57.93%, price retraces near the 1H Bollinger middle band at 0.7717, funding rate is 0.0365% which is high but not extreme.
🎯Direction: Long (placing orders on pullback)
⚡Entry/Order: 0.66 - 0.68 (within recommended entry zone)
🛑Stop loss: 0.49044
🚀Target 1: 0.95289
🚀Target 2: 1.10704
🛡️Trade management: - After order execution, if the price rebounds to Target 1, reduce position by 50%, and move stop loss up to 0.78. If the price falls below the entry level, manually exit.
Depth logic: The 4H Bollinger upper band at 0.9164 still has room, and after the 1H volume shrinks, a second surge may occur. Currently, the funding rate is high but has not triggered a short squeeze, indicating insufficient willingness to take the other side. Wait for a deep retracement to re-enter for a better risk-reward ratio.
Check real-time market 👇 $SKYAI
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