📉 $SKYAI /USDT Intense Crash: Bearish Forecast & Trade Execution Levels! 📉

$SKYAI is facing an aggressive sell-off on Binance, dropping a steep -27.50% on the daily chart to trade at 0.24905! Volume is heavy with 165.74M USDT changing hands, showing that bears are strictly dominating the current trend.

📊 Technical Breakdown

EMA Rejection: The price has broken decisively lower, pushing far underneath the EMA(8, 13, 21) lines (ranging from 0.3227 to 0.3668). The moving averages are widening downward, confirming a robust bearish structure.

Oversold RSI: RSI(6) has dipped deep into oversold territory at 26.9, while the macro RSI(14) stands at 40.5. A minor localized dead-cat bounce is possible due to the short-term extension, but the path of least resistance remains down.

🎯 Trade Forecast: Short Setup on Relief Bounce

Riding the structural breakdown by selling into a short-term counter-trend rally presents the most favorable risk-to-reward ratio.

⚡ Entry Zone: 0.28500 - 0.31000 (On a temporary relief bounce)

💰 Take Profit: 0.19500 (Major historical liquidity target)

🛑 Stop Loss: 0.33500 (Safely above the immediate EMA 8 resistance)

Trade $SKYAI / $USDT Now! Follow & turn 🔔 on ✅

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