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Position Profit and Loss: -12.7% (0.195 bought in, floating loss)
$$SKYAI 24-hour plunge of 28%, 0.166 just broke previous low——Is this a shakeout or a sign of a crash? The blood pit created by 46M in trading volume, I’ve decided to use this live trading instruction to fight it out with you.
My complete plan:
Currently, 0.1705 is my second entry point. Logic: The 24h low of 0.1662 forms a short-term support. If 0.170 holds steady and volume increases to push above 0.18, it indicates that the main force is betting on an oversold rebound just like me.
Operational suggestions:
Entry: Enter with a light position of 1% of total funds at the current price of 0.1705. If it falls below 0.165 but does not accelerate, add to 2% (stop loss set at 0.155, exit immediately if broken)
Stop loss: 0.155 (if it drops another 15%, accept the loss unconditionally)
Take profit: First target 0.2 (20% rebound), second target 0.22 (4-hour resistance level)
Position: Currently at a total of 2%. If intraday rebound pushes above 0.18, cut position in half to lock in profits
Two possible scenarios:
Scenario 1 (reversal signal): If the 1-hour candlestick closes above 0.175 and buy volume exceeds 60%, it indicates the second bottom is over. I will move the stop loss up to 0.17, with a target of 0.2. Usually, after such a sharp drop, there’s a quick rebound, so watch the volume closely.
Scenario 2 (continued collapse): If 0.165 cannot hold, and volume expands beyond 50M, it shows panic selling isn’t over. I will immediately stop all additional buying, hold the existing position and endure until 0.15 before reassessing. If it breaks below 0.14, it might be project team dumping, and I must cut losses accordingly.
Simply put: right now, it’s a bet on emotional recovery after the plunge, not a trend reversal.
Let’s do a poll: Do you think $SKYAI can return to 0.2 this week? A. Yes, main force is accumulating B. No, still in a downtrend C. Wait until dawn to see
Update the results in the comment area — I record every move myself, not afraid of being wrong, only afraid you don’t learn. Follow me, real traders’ bullets are always more than spit. $