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SKYAI long-short tug-of-war, is this wave aiming for TP2 first?
$SKYAI /USDT - SHORT
Trade Plan:
Entry: 0.05181 – 0.05287
SL: 0.05742
TP1: 0.04853
TP2: 0.04599
TP3: 0.04217
Why focus on this structure?
- The 4-hour EMA shows bearish pressure, with current price 0.05234 near the resistance zone.
- RSI on the 15-minute chart is 48.11, neutral to weak, with no oversold signal.
- 1-hour ATR is 0.002118, low volatility, suitable for short-term sniper trades.
- Direction: SHORT, TP1 at 0.04853 (down 7%), TP2 at 0.04599 (drop another 4%).
Discussion:
Will this wave hit TP2 first, or is it a bull trap?