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SKYAI 4-hour timeframe bearish signal—fake breakout or a real pullback?
$SKYAI /USDT - Go short SHORT
Trading plan:
Entry: 0.03382 – 0.03428
SL: 0.03624
TP1: 0.03241
TP2: 0.03131
TP3: 0.02967
Why focus on this structure?
- Current price 0.03405, 1D trend is consolidating, 4-hour bearish momentum is stronger (confidence 55.4).
- RSI (15m) 53.1, not oversold yet, still room for downside.
- Entry reference 0.03405, TP1 0.03241 (about -4.8%), TP2 0.03131. SL 0.03624 (+6.4%).
- Why now? Expectation of an EMA death cross + 1-hour resistance around 0.03405 for a retest; if it breaks below 0.03382, the shorts accelerate.
Discussion:
Will this move hit TP1 first, or will it directly lure longs and then reverse?