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Everyone is bullish on SKYAI, but the 4h chart is screaming SHORT.
$SKYAI /USDT - SHORT
Trade Plan:
Entry: 0.22723 – 0.23841
SL: 0.28652
TP1: 0.19254
TP2: 0.16569
TP3: 0.12541
Why this setup?
RSI on 15m is oversold at 37.31, but the 4h timeframe shows a confirmed short bias with 55% confidence. The daily trend is range-bound, not trending up—this is a fakeout setup. Entry at 0.23282 with TP1 at 0.19254 means 17% downside before any bounce. Why now? Because the price is still above the entry ref, and the 1h ATR of 0.0223 gives room for a quick drop.
Debate:
Are you shorting SKYAI here, or waiting for a retest of 0.23841?