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SKYAI’s rebound has limited upside, topping out at 0.02972.
$SKYAI /USDT - SHORT sell
Trading plan:
Entry: 0.02933 – 0.02972
SL: 0.03139
TP1: 0.02812
TP2: 0.02718
TP3: 0.02578
Why focus on this setup?
• On the 4-hour timeframe, the trend is clearly bearish; the 15-minute RSI is only 43.38, and the rebound momentum has run out.
• Current 0.02952 is an ideal SHORT entry point; TP1=0.02812, TP2=0.02718, SL=0.03139.
• Why now? EMA is suppressing + RSI is weak; the bears can step in at any time.
Discussion:
If this 0.02952 SHORT plays out, will it reach TP1 first, or will it straight up insert a wick to lure longs?