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$SKYAI (1h) - Resistance Rejection Short
Bias: Short
Entry (Zone): 0.379 - 0.386
Targets:
TP1: 0.366
TP2: 0.356
TP3: 0.344
Stop Loss: 0.394
Why this Setup:
I’m treating this as a short into the current resistance area after the rebound lost momentum near the recent range highs. I want a rejection from this zone because buyers have not shown clean acceptance above it, and a failure here could send price back toward the lower liquidity pockets and prior demand.