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Can you follow these bearish signals from SKYAI this round?
$SKYAI /USDT - SHORT to sell short
Trading plan:
Entry: 0.03372 – 0.03422
SL: 0.03633
TP1: 0.03220
TP2: 0.03102
TP3: 0.02925
Why focus on this structure?
- The current 4-hour direction is clearly SHORT, with a confidence of 55.4%. The RSI on the 15-minute chart is in the neutral zone at 49.14. The 1D trend is ranging, with room to the downside.
- Entry reference at 0.03397, TP1 at 0.03220, TP2 at 0.03102, stop loss at 0.03633, with a clear risk-reward ratio.
- Why now? The RSI isn’t oversold. Price is near the resistance range. The bearish signal has just been activated—good for catching a pullback.
Discussion:
Can TP2 reach 0.031, or will it get you stopped out first?