SKYAI’s 4-hour EMA death cross is about to be confirmed—are retail traders still chasing longs?



$SKYAI /USDT - SHORT to go short

Trading plan:
Entry: 0.03011 – 0.03047
SL: 0.03198
TP1: 0.02902
TP2: 0.02818
TP3: 0.02692

Why focus on this setup?
- The 1D trend is in a consolidation range, but the 4H timeframe has already issued a SHORT signal; RSI on 15m is 56.31, with weak momentum.
- The current price 0.03029 is near the EMA resistance. If it breaks below 0.03011, TP1 at 0.02902 is about 4% lower.
- ATR on 1h is only 0.000703, indicating low volatility—suitable for quick in-and-out scalping.
- Why now? The upper bound of the range has been rejected multiple times, making the SHORT risk-reward ratio better.

Discussion:
SKYAI3.65%
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