$SKY — Trade Setup
Trade Type
This setup is a Short (Bearish) trade because the targets are below the entry.
Entry
$0.07165
Stop Loss
$0.07323
Take Profit Targets
• TP1: $0.07024
• TP2: $0.06872
• TP3: $0.06738
Setup Idea
The plan expects price rejection near resistance and a downward move toward lower support levels.
Invalidation:
If price moves above $0.07323, the bearish setup fails and buyers may take control.
Risk Tip:
Consider taking partial profit at TP1 and moving SL to breakeven to reduce risk.
Trade $SKY here 👇🏻
Trade Type
This setup is a Short (Bearish) trade because the targets are below the entry.
Entry
$0.07165
Stop Loss
$0.07323
Take Profit Targets
• TP1: $0.07024
• TP2: $0.06872
• TP3: $0.06738
Setup Idea
The plan expects price rejection near resistance and a downward move toward lower support levels.
Invalidation:
If price moves above $0.07323, the bearish setup fails and buyers may take control.
Risk Tip:
Consider taking partial profit at TP1 and moving SL to breakeven to reduce risk.
Trade $SKY here 👇🏻