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$SKYAI (1h) - Bearish Retracement Short
Bias: Short
Entry (Zone): 0.2950 - 0.2990
Targets:
TP1: 0.2830
TP2: 0.2740
TP3: 0.2590
Stop Loss: 0.3155
Why this Setup:
I’m leaning short because price has rolled over sharply from the recent swing high and is now losing momentum around the 0.295 area. I want a retracement into resistance before continuation lower, with the prior breakdown zone and nearby support levels acting as my downside targets.