$SKYAI spent a long time building a base around 0.1389 before momentum suddenly accelerated, sending price into a near-vertical rally on the 1H chart. After reaching 0.3775, the move finally cooled down and price is now consolidating around 0.3497, showing that bulls are still defending most of the breakout instead of allowing a deep retracement 👀
Setup:
• Entry: 0.3400 – 0.3550
• Target 1: 0.3800 🚀
• Target 2: 0.4200 🔥
• Target 3: 0.4800 💰
• Stop-loss: 0.3150
RSI around 77.85 remains elevated, reflecting strong momentum despite the recent pause. Right now this feels like one of those charts where early buyers are locking in profits while fresh buyers continue absorbing supply near the highs. The breakout phase has slowed, but the overall structure remains bullish. If the current range continues holding, another push toward the highs could be on the table on the 1H timeframe 📈🔥
Trade #SKYAI here
SKYAI
Alpha
0.22928
-35.07%