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$SKYAI /USDT’s 15-minute RSI drops to 39—bottom-fishing signal or a trap?
$SKYAI /USDT - Go LONG
Trading plan:
Entry: 0.03271 – 0.03341
SL: 0.02869
TP1: 0.03634
TP2: 0.03853
TP3: 0.04181
Why focus on this structure?
- On the 4H level, the bullish signal is strong, with a 77% confidence supporting the entry.
- The current price is 0.03306 near the 1H EMA, and the RSI is in/near the oversold area with strong rebound potential.
- Why now? The 15-minute RSI is close to 40; after short-term oversold conditions, the bulls’ counterattack window opens, and TP1 points to 0.03634.
Discussion:
Will this move first reach TP2 at 0.03853, or will it be a bull trap that gets dumped back to 0.03271?