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On SKYAI’s 4-hour timeframe, what are the bears lurking for?
$SKYAI /USDT - SHORT
Trading Plan:
Entry: 0.03278 – 0.03398
SL: 0.03917
TP1: 0.02903
TP2: 0.02614
TP3: 0.02179
Why focus on this structure?
- The 1-day trend is range-bound, but the 4-hour signal points to SHORT, with a confirmation rate of 55.4%.
- Entry reference at 0.03338, with the 15-minute RSI at 58.72—still not overbought, so the bears still have room.
- TP1 target at 0.02903, with a clear risk-reward profile.
- Why now? In a range-bound zone, wait for a higher entry to avoid chasing.
Discussion:
Are you waiting to short above 0.03398, or placing an order at the current price directly?