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Are SKYAI bulls putting up a last-ditch fight?
$SKYAI /USDT - SHORT
Trade Plan:
Entry: 0.03542 – 0.03646
SL: 0.04093
TP1: 0.03220
TP2: 0.02970
TP3: 0.02596
Why pay attention to this structure?
- 4H EMA resistance is clear, RSI 15M at only 43.9, momentum is weak.
- Current price 0.03594, direction SHORT, stop loss 0.04093, risk-reward ratio is reasonable.
- Why now? 1D trend is sideways. Once the bears break through the 0.03542 support, TP1 at 0.03220 is just the first step.
Discussion:
Will it hit TP2 at 0.02970 first, or is this a bear trap rally?