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SKYAI longs are dancing on the cliff’s edge—can you see it?
$SKYAI /USDT - SHORT
Trading Plan:
Entry: 0.05121 – 0.05231
SL: 0.05706
TP1: 0.04778
TP2: 0.04513
TP3: 0.04116
Why focus on this structure?
- The 4H SHORT signal has been activated; RSI on the 15m is only 41.39, and the momentum is weak.
- The current price at 0.05176 is near the EMA resistance zone. The 1H ATR of 0.0022 indicates low volatility, so the probability of breaking the previous high is low.
- Why now? The daily consolidation structure hasn’t broken yet. In the SHORT direction, TP1 at 0.04778 is within reach, with a risk-reward ratio above 1:2.
Discussion:
Will this leg first drop to TP1 and then bounce, or will it accelerate straight downward?