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$SKYAI -19.37% You still dare to buy the dip? I went short and caught the 24h low at 0.0603. You retail traders are dreaming of some sucker taking the bag again, right?
Don't give me that AI narrative crap. 90% of the 30.1M volume is a scripted long liquidation trap. The drop from 0.0797 to 0.0603 is a market maker dumping chips for logic worshippers to see. Now at 0.0622, just 0.0019 away from the 24h low, do you really think technical support can hold? Let me tell you, below 0.06 lies the short-seller meat grinder at 0.055.
Let's talk data: down nearly 20 points in 24h, yet volume is 40% lower than yesterday, meaning the whales don't want to catch it. If you insist on gambling on a bounce at 0.062, better use 30% of your position for a T0 scalp with target 0.065 and stop at 0.0595. But I'd suggest, if you're holding more than 30% of your position, start shorting in batches below 0.058, adding another short every 3% drop, because the weekly level hasn't bottomed yet.
Why am I this aggressive? First, the advance/decline ratio has been below 0.3 for two consecutive days, with nothing but retail panic selling holding the line. Second, stablecoin outflow data from SushiSwap is rapidly moving away, meaning smart money already got out. If you insist on being a perma-bull, get ready for the next 48h defense of 0.05.
Don't rush—before you call me a shortie in the comments, answer these two questions first: First, what's your cost basis for $SKYAI? Second, do you know why that wick at 0.0603 early this morning isn't the bottom? If you want to discuss, feel free to repost @我, and let's see who gets liquidated first.