【$SKYAI Signal】Short squeeze in progress, pullback is an opportunity

$SKYAI 1H level surges higher then consolidates at high levels, with prices close to the Bollinger upper band. The 4H MACD histogram continues to expand, indicating bullish momentum is not exhausted.

🎯Direction: Buy on pullback

⚡Entry/Order: Within the 0.09759 - 0.13207 range, wait for the price to dip near 0.1180 (1H EMA20 support) before entering.

🛑Stop loss: 0.08219

🚀Target 1: 0.13263

🚀Target 2: 0.13316

🛡️Trade management:
- Execution strategy: After reaching Target 1, halve the position, and move the remaining stop loss up to the entry price. If the price cannot hold above 0.1250, consider exiting early.

Sell pressure is concentrated above 0.1327, with buy depth outperforming sell depth by 16.77%, indicating clear capital support. The current funding rate is 0.1476%, relatively high, but open interest remains stable, so the short squeeze logic still holds. The 1H RSI at 72.85 is high but has not formed a bearish divergence, which is normal in a strong market’s overbought condition. In this environment, chasing the high carries risks, but the bigger concern is missing the main upward wave.

Check real-time market 👇 $SKYAI
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