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How long can SKYAI’s rebound last?
$SKYAI /USDT - SHORT SHORT
Trading plan:
Entry: 0.03007 – 0.03045
SL: 0.03212
TP1: 0.02886
TP2: 0.02793
TP3: 0.02653
Why focus on this structure?
The 4-hour short signal has been triggered. RSI on the 15m timeframe is in the neutral zone at 49.8, and ATR is only 0.000777. The current entry point is 0.03026, TP1 is at 0.02886, with a risk-reward ratio of 2.5:1. The trend is in a daily ranging zone, and the short-term short opportunity is clear.
Discussion:
For this short position, are you planning to hold until TP2, or take profits earlier?