$SKYAI The 1H timeframe is consolidating strongly above the EMA20 (0.0517), just closed with a bullish candle, with price close to the intraday high, indicating momentum is building. The 4H timeframe has stabilized above EMA20 (0.0475) and broken previous highs, confirming an upward trend. Current pullbacks present buying opportunities.
🎯Direction: Long (Long)
⚡Entry/Order: 0.0535 - 0.0538
🛑Stop Loss: 0.0515
🚀Target 1: 0.0565
🚀Target 2: 0.0590
🛡️Trade Management:
- Position Size: Light
- Execution Strategy: After reaching Target 1, reduce position by 50% and move stop loss to entry price. Hold remaining position toward Target 2. If price drops below the moving stop loss or the 1H close drops below 0.0530, exit all positions.
Depth Logic: After a 14.97% increase, the price did not retrace significantly, indicating strong buying pressure. The 1H RSI (70.42) is in the strong zone but not overbought, leaving room for further upside. Market depth shows smaller sell orders (above 0.05372) compared to buy orders (below 0.05367), creating an imbalance favoring upward breakout. The 4H volume has significantly increased, and open interest (OI) remains stable, indicating sustained capital inflow rather than mere short covering. The positive funding rate (0.0364%) is not high, reducing short squeeze risk, making long positions safer in the trend.
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【$SKYAI Signal】Long - 1H Momentum Breakout + 4H Trend Continuation
$SKYAI The 1H timeframe is consolidating strongly above the EMA20 (0.0517), just closed with a bullish candle, with price close to the intraday high, indicating momentum is building. The 4H timeframe has stabilized above EMA20 (0.0475) and broken previous highs, confirming an upward trend. Current pullbacks present buying opportunities.
🎯Direction: Long (Long)
⚡Entry/Order: 0.0535 - 0.0538
🛑Stop Loss: 0.0515
🚀Target 1: 0.0565
🚀Target 2: 0.0590
🛡️Trade Management:
- Position Size: Light
- Execution Strategy: After reaching Target 1, reduce position by 50% and move stop loss to entry price. Hold remaining position toward Target 2. If price drops below the moving stop loss or the 1H close drops below 0.0530, exit all positions.
Depth Logic: After a 14.97% increase, the price did not retrace significantly, indicating strong buying pressure. The 1H RSI (70.42) is in the strong zone but not overbought, leaving room for further upside. Market depth shows smaller sell orders (above 0.05372) compared to buy orders (below 0.05367), creating an imbalance favoring upward breakout. The 4H volume has significantly increased, and open interest (OI) remains stable, indicating sustained capital inflow rather than mere short covering. The positive funding rate (0.0364%) is not high, reducing short squeeze risk, making long positions safer in the trend.
View real-time market 👇 $SKYAI
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