Has SKYAI’s 15-minute RSI gone overbought—time to short?



$SKYAI /USDT - SHORT SHORT

Trading plan:
Entry: 0.04228 – 0.04308
SL: 0.04656
TP1: 0.03977
TP2: 0.03783
TP3: 0.03491

Why focus on this structure?
- The current 4-hour direction is SHORT, with confidence of 55.4%, and the 1D trend is in a range-bound/sideways zone.
- The 15-minute RSI is as high as 70.73, indicating short-term overbought and a pullback is needed.
- The 1-hour ATR is only 0.001618, so volatility is mild and it’s suitable for entry.
- Entry reference at 0.04268, TP1 at 0.03977 (about 7%), TP2 at 0.03783 (about 11%), SL set to 0.04656.
- Why now? The overbought signal combined with the range-bound trend makes the short-term short risk-reward ratio clear.

Discussion:
Will this short first hit TP1, or is it a bear trap for a rebound? What do you think?
SKYAI-12.20%
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