📉 $SKYAI | SHORT SETUP
🎯 Trading Plan:
Entry: 0.1715 0.1722
TP1: 0.1685 (+1.80%)
TP2: 0.1650 (+4.00%)
TP3: 0.1612 (+6.30%)
Stop Loss: 0.1763 (-2.40%)
📊 Technical Analysis:
On the 1H chart, the Stochastic indicator has hit the overbought zone above 82 and is making lower highs while the price is moving sideways. The 4H chart shows the price is within a narrow channel with decreasing volume at recent swing highs. Momentum is shifting negatively as the OBV is making lower lows, confirming increased selling pressure.
Trade $SKYAI directly on the chart below 👇
🎯 Trading Plan:
Entry: 0.1715 0.1722
TP1: 0.1685 (+1.80%)
TP2: 0.1650 (+4.00%)
TP3: 0.1612 (+6.30%)
Stop Loss: 0.1763 (-2.40%)
📊 Technical Analysis:
On the 1H chart, the Stochastic indicator has hit the overbought zone above 82 and is making lower highs while the price is moving sideways. The 4H chart shows the price is within a narrow channel with decreasing volume at recent swing highs. Momentum is shifting negatively as the OBV is making lower lows, confirming increased selling pressure.
Trade $SKYAI directly on the chart below 👇