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SKYAI’s 4-hour EMA death cross—bearish signals are armed. Will you follow?
$SKYAI /USDT - SHORT to sell short
Trading plan:
Entry: 0.03065 – 0.03109
SL: 0.03296
TP1: 0.02930
TP2: 0.02825
TP3: 0.02668
Why pay attention to this setup?
- Current price 0.03087, RSI on 15 minutes is 47.04. Weak range-bound action—bearish momentum building up.
- The 4-hour trend is bearish. TP1 at 0.02930, TP2 at 0.02825, with SL set at 0.03296—risk-reward ratio 1:2+.
- Why now? Within the daily range: 1-hour EMA is suppressing. Only a breakout above 0.03109 could trigger a reversal; otherwise, the bears have the edge.
Discussion:
Will this move hit TP2 first, or is it a bear-trap fakeout? Share your position size and stop-loss!