๐จ $SKYAI Bears are Gaining Control
$SKYAI has shown a stellar rally from $0.20 to about $0.40, but now the momentum seems to be weakening. The price is trying repeatedly to move upwards, but sellers are rejecting every attempt.
๐ Current Price: $0.348
What Do I See?
๐ป Lower highs are starting to form
๐ป Buying pressure is gradually decreasing
๐ป Volume is high, but sellers seem more active
๐ป Bulls have yet to reclaim key resistance
๐ฐ Short Setup
Entry Zone: $0.341 โ $0.345
๐ฏ Targets: TP1: $0.320
TP2: $0.300
TP3: $0.280
๐ Stop Loss: $0.355
If this bearish structure persists, the first major support is looking at $0.30.
If that level breaks, the price could drop to $0.28.
Profit has been made from the pump; now a correction phase could begin.
Smart traders follow the charts instead of emotions.
Manage your risk and definitely use a stop loss.
#SKYAI #SKYAIUSDT #CryptoTrading #BinanceSquare #Altcoins #ShortTrade #TradingSignals ๐
$SKYAI has shown a stellar rally from $0.20 to about $0.40, but now the momentum seems to be weakening. The price is trying repeatedly to move upwards, but sellers are rejecting every attempt.
๐ Current Price: $0.348
What Do I See?
๐ป Lower highs are starting to form
๐ป Buying pressure is gradually decreasing
๐ป Volume is high, but sellers seem more active
๐ป Bulls have yet to reclaim key resistance
๐ฐ Short Setup
Entry Zone: $0.341 โ $0.345
๐ฏ Targets: TP1: $0.320
TP2: $0.300
TP3: $0.280
๐ Stop Loss: $0.355
If this bearish structure persists, the first major support is looking at $0.30.
If that level breaks, the price could drop to $0.28.
Profit has been made from the pump; now a correction phase could begin.
Smart traders follow the charts instead of emotions.
Manage your risk and definitely use a stop loss.
#SKYAI #SKYAIUSDT #CryptoTrading #BinanceSquare #Altcoins #ShortTrade #TradingSignals ๐