$SKY USDT (1h) - Lower High Distribution & Support Breakthrough

​Bias: Short
​Entry (Zone): 0.06880 – 0.06950
​Targets:
​TP1: 0.06816
​TP2: 0.06750
​TP3: 0.06680
​Stop Loss: 0.07010
​Why this Setup:
​I’m leaning short because the asset is firmly locked in a bearish markdown structure on the 1-hour chart. After failing to maintain traction near the local peak of 0.07066, the market has carved out a consecutive sequence of lower highs and lower lows. The most recent relief rally attempt was abruptly cut short by sellers, forming a lower high and printing a series of aggressive red candles that pushed the price right down to its local support floor at 0.06816. Given the persistent selling pressure and lack of strong volume on any upward bounces, I expect this consolidation near the lows to break down, liquidating the 0.06816 pocket for a continuation deeper.

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