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Most traders ignore SKYAI when RSI dips below 38—that’s exactly when the trap springs.
$SKYAI /USDT - SHORT
Trade Plan:
Entry: 0.16937 – 0.17259
SL: 0.18639
TP1: 0.15942
TP2: 0.15172
TP3: 0.14016
Why this setup?
4h bias is SHORT with 55% confidence. RSI on 15m is 37.05—oversold but not reversing yet. Daily trend is range, so this isn’t a breakout short—it’s a mean reversion play. Entry at 0.17098 with TP1 at 0.15942 gives a 6.7% risk:reward in 4h timeframe. Why now? ATR on 1h is 0.0064—tight enough to trigger stop-losses fast if momentum fakes.
Debate:
Is 37 RSI the bottom or just a breather before the dump to 0.151?