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💰 $SKYAI HIGH RISK REVERSAL LONG
🔼 LONG
✳️ ENTRY: 0.1550, 0.1490, 0.14550
🎯 TARGETS: 0.160, 0.1670, 0.17680, 0.1900, 0.2060, 0.250, 0.300
🀄️ LEVERAGE: 10x
🔴 STOPLOSS: 0.14239
#SKYAI is attempting to form a base above the major support zone near 0.1437 after a sharp rejection from 0.21. The recent selloff flushed out weak hands, while buyers quickly stepped in to defend the lows. Price is currently trading below MA99 and MA200, making this a high-risk recovery setup rather than a trend-following trade.
A successful reclaim of the 0.18 region could trigger fresh momentum toward 0.21 and higher resistance levels. Volume expansion and sustained buying pressure above the current range would strengthen the bullish case considerably.
Manage risk carefully and secure profits along the way. Once TP3 or TP4 is reached, consider moving the stop loss to entry to protect both capital and gains. The setup remains valid as long as the 0.1430 support zone continues to hold.