🟢 $SKYAI | LONG SETUP
🎯 Trading Plan:
Entry: 0.341216 – 0.343366
TP: 0.350033 - 0.355194 - 0.362936
SL: 0.331968
📊 Technical Analysis: $SKYAI is in an accumulation phase on the 4-hour timeframe after a pullback. RSI is sitting neutrally at 46 on the 15m, showing no signs of being overbought, which sets the stage for a potential jump. Low ATR on the 1h indicates minor volatility, which often precedes a strong breakout.
The upward trend on the daily chart remains intact, supporting the possibility of a breakout from this squeeze zone. The first target at 0.350033 is a natural resistance level, about 2.4% away from the entry, with a risk/reward ratio of up to 2.1:1 with the stop loss at 0.331968.
Trade $SKYAI now by clicking on the chart below 👇
🎯 Trading Plan:
Entry: 0.341216 – 0.343366
TP: 0.350033 - 0.355194 - 0.362936
SL: 0.331968
📊 Technical Analysis: $SKYAI is in an accumulation phase on the 4-hour timeframe after a pullback. RSI is sitting neutrally at 46 on the 15m, showing no signs of being overbought, which sets the stage for a potential jump. Low ATR on the 1h indicates minor volatility, which often precedes a strong breakout.
The upward trend on the daily chart remains intact, supporting the possibility of a breakout from this squeeze zone. The first target at 0.350033 is a natural resistance level, about 2.4% away from the entry, with a risk/reward ratio of up to 2.1:1 with the stop loss at 0.331968.
Trade $SKYAI now by clicking on the chart below 👇