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Is there still a chance for SKYAI bulls? These data are lying
$SKYAI /USDT - Go short SHORT
Trading plan:
Entry: 0.03480 – 0.03548
SL: 0.03836
TP1: 0.03272
TP2: 0.03111
TP3: 0.02870
Why focus on this structure?
- The 4-hour cycle is biased toward SHORT, with confidence 55.4. It’s not a strong one-way move, but the 1D trend is clearly ranging
- Current price 0.03514, 15-minute RSI has already reached 64.94, close to the overbought zone, with short-term momentum fading
- Entry range 0.03480-0.03548, TP1 at 0.03272, SL at 0.03836, risk-reward 1.8:1
- Why now? RSI is high + near the top of the range—shorting logic is valid, but you need to wait for a 15-minute confirmation of the turn
Discussion:
Will this move hit TP1 first, or is it a fake breakdown that lures shorts?