SKYAI Overextended — Distribution Phase Starting
🔴 $SKYAI - SHORT
Trade Plan:
Current Price: ~0.1384
Entry Zone: 0.1405 - 0.1455
SL: 0.150
TP1: 0.131
TP2: 0.122
TP3: 0.112
The image shows SKYAI rejecting at the upper boundary of the red Entry Zone after a sharp move, with clear bearish engulfing and expanding sell volume. Lower highs on the 4H and the downward arrow confirm the start of distribution. This SHORT targets the next liquidity voids and measured pullback with tight risk above the recent high.
Will SKYAI flush the late longs after this overextended move?
Click below for trade 👇
DYOR & manage risk!
🔴 $SKYAI - SHORT
Trade Plan:
Current Price: ~0.1384
Entry Zone: 0.1405 - 0.1455
SL: 0.150
TP1: 0.131
TP2: 0.122
TP3: 0.112
The image shows SKYAI rejecting at the upper boundary of the red Entry Zone after a sharp move, with clear bearish engulfing and expanding sell volume. Lower highs on the 4H and the downward arrow confirm the start of distribution. This SHORT targets the next liquidity voids and measured pullback with tight risk above the recent high.
Will SKYAI flush the late longs after this overextended move?
Click below for trade 👇
DYOR & manage risk!