SKYAI’s 4-hour trap—would you short?



$SKYAI /USDT - SHORT

Trading plan:
Entry: 0.03010 – 0.03046
SL: 0.03197
TP1: 0.02901
TP2: 0.02817
TP3: 0.02690

Why watch this structure?
- Current at 0.03028, RSI (15m) is only 56.53—no overbought, but the 1D trend is ranging, with a clear bearish signal.
- Why now? The 4-hour EMA structure is bearish; ATR (1h) is only 0.000704. After a narrow consolidation, it may accelerate into a drop.
- Targets: TP1 at 0.02901, TP2 at 0.02817, with SL set at 0.03197, risk-reward ratio 1:2.

Discussion:
Will this leg reach TP2 first, or is it a trap for a short-covering bounce?
SKYAI5.06%
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