$SKR Signal 1H momentum decay, placing orders on dips for long entries
$SKR 4H RSI surges above 78.5, clear buy-side gap, 1H MACD histogram begins to shrink, momentum is fading. Current price 0.0202 has broken above the 4H Bollinger upper band, selling pressure is accumulating, order book imbalance -20%. Funding rate -0.737% is extremely negative, short-term costs are very high, if the price holds firm, short squeeze could erupt at any time. Chasing longs at this level offers a poor risk-reward ratio; it’s safer to wait for a pullback to the 0.0167-0.0170 range to place a Buy Limit. Enter at 0.016733, set stop below 0.016218; if it drops below, admit mistake. First target at 0.020197, second target at 0.020278. Upon reaching the first target, halve the position and move stop-loss to break-even, remaining position aims for the second target. Patience is the best ambush. View real-time market
