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SKYAI — Last Fling for Bulls, or the Calm Before the Storm?
$SKYAI /USDT - SHORT
Trade Plan:
Entry: 0.03369 – 0.03459
SL: 0.03845
TP1: 0.03091
TP2: 0.02875
TP3: 0.02551
Why this setup?
- 4H trend is clearly SHORT. The 1D consolidation range remains unbroken, but 15m RSI has reached 54.85, showing weak short-term rebound momentum.
- Current entry: near 0.03414, TP1 at 0.03091, risk-reward ratio of 1:2.5, SL only at 0.03845.
- Why now? Price is near the upper edge of the range, under EMA resistance, and bearish momentum is building.
Discussion:
Do you think SKYAI will first drop to TP1, or fake a breakout back to 0.038?