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SKYAI oversold zone ambush, are you bold enough to follow this reversal?
$SKYAI /USDT - LONG
Trading Plan:
Entry: 0.02819 – 0.02933
SL: 0.02159
TP1: 0.03414
TP2: 0.03773
TP3: 0.04311
Why focus on this structure?
- 4-hour direction is bullish, 15-minute RSI is only 22.33, extremely oversold zone, rebound momentum is building.
- Current price 0.02876, close to support level, entry range 0.02819-0.02933, stop loss 0.02159, risk controlled.
- TP1 at 0.03414, TP2 at 0.03773, risk-reward ratio over 1:2, the time has come.
Discussion:
Enter now and wait for the TP2 rebound, or fear a fakeout and wait on the sidelines?