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Everyone is buying $SKYAI /USDT—I’m looking at the 4h chart and smelling a trap.
$SKYAI /USDT - SHORT
Trade Plan:
Entry: 0.16758 – 0.17300
SL: 0.19628
TP1: 0.15080
TP2: 0.13780
TP3: 0.11831
Why this setup?
• 1D trend is range, not bullish breakout—momentum is missing.
• RSI on 15m sits at 53.55, neutral but with a short bias at 55% confidence.
• Price is hovering at 0.17029 with ATR showing low volatility—this often precedes a sharp move.
• Why now? The entry zone (0.16758–0.17300) aligns with a potential rejection zone if bears step in.
Debate:
Are we hitting TP1 at 0.15080 or getting faked out into a long squeeze?