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SKYAI bearish signal 95%, are you game?
$SKYAI /USDT - SHORT to open a short position
Trading plan:
Entry: 0.0300 – 0.0304
SL: 0.0324
TP1: 0.0285
TP2: 0.0274
TP3: 0.0257
Why focus on this setup?
- 4-hour downtrend confirmation, daily chart bearish; RSI (15m) 63.65, not overbought
- Current price 0.0302, tightly hugging the EMA; rebounds lack strength
- Why now? ATR (1h) is only 0.000935; after volatility narrows, downside likely accelerates
- TP1 0.0285, TP2 0.0274, SL 0.0324, risk-reward ratio 2:1
Discussion:
Will this move hit TP2 first, or will it lure a rebound to 0.0319?