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The recent drop was quite interesting. It felt grinding at first, but once the level broke, there was barely any reaction time. I've been watching $SKYAI for a while—the real change wasn't the drop itself, but the fact that it held high without showing any new strength.
I already noticed this level earlier. I chose to go short around 0.21690 for a simple reason: the rallies kept getting weaker, while the pullbacks became more decisive each time. Many people were still dreaming of another surge, but the chart was already giving its answer in advance. Now the price is at 0.03832, with position profit at +2019.63%, and the trend extension is obvious.
There are two things to fear most in this kind of market: one is getting greedy after a profit and ignoring your stop-loss; the other is letting emotions take over and chasing after missing the move. My approach remains conservative—lock in some profit first, then gauge the strength of any bounce. The stop can't be casually removed.
The downside profit is here. If you missed it, don't force a chase. Don't chase on bounces—wait for the next opportunity.
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