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SKYAI bulls’ last chance to escape?
$SKYAI /USDT - Going short SHORT
Trading plan:
Entry: 0.03358 – 0.03426
SL: 0.03714
TP1: 0.03151
TP2: 0.02990
TP3: 0.02748
Why focus on this structure?
- The 4-hour direction is clearly SHORT, with confidence at 55.4%. The current price 0.03392 is right at the EMA resistance level.
- RSI on the 15m is only 52.58; the rebound lacks strength. The daily trend is range-bound. Once it breaks below 0.03358, it should accelerate.
- TP1 is at 0.03151, TP2 at 0.02990, stop loss at 0.03714, with a risk-reward ratio close to 2:1.
- Why now? End of the consolidation range + accumulation of bearish signals; you’re waiting for the final bearish candle.
Discussion:
If 0.03358 breaks, do you chase the short, or wait for a rebound before shorting?