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SKYAI: The last hurrah for bulls?
$SKYAI /USDT - SHORT
Trade Plan:
Entry: 0.03690 – 0.03832
SL: 0.04441
TP1: 0.03251
TP2: 0.02910
TP3: 0.02400
Why focus on this structure?
4H bias is bearish, RSI(15M) at 50.63 neutral zone, 1H ATR only 0.0028, volatility narrowing. Entry range 0.03690-0.03832, TP1 at 0.03251, risk-reward ratio approx 2:1. Why now? Directional choice is imminent after consolidation, bearish signal clearer.
Discussion:
Will this wave hit TP1 at 0.03251 first, or will it fake break and bounce?