Position P&L: +18.7%, entered at 0.2456 in the morning, current price 0.2912, floating profit has exceeded expectations.

$SKYAI This data looks off. 24h volume is 28.2M, but the price rose from 0.25 to 0.3148 and then dropped back to 0.2912, showing clear signs of distribution at the top. My plan: reduce position by 50% at current price 0.2912, move stop-loss on remaining position to breakeven at 0.275. If it can't hold above 0.30 within 15 minutes, exit completely.
Two scenarios expected: 1. If it pushes above 0.30 with shrinking volume consolidation, then re-enter the position in the 0.30-0.31 range, target 0.34, stop-loss 0.285. 2. If it breaks below 0.280, immediately close all positions, watch for support around 0.25.
This rally lacked volume support; on the daily chart, it has been showing three consecutive days of rising volume with price stalling, accumulating risk. Don't chase highs; wait for confirmation.
Trading suggestion: You can try a small short position near the current price, stop-loss 0.315, target 0.26. The long defense level is at 0.275; exit if it breaks.
Results will be updated in the comments.