🟢 $SKYAI | LONG SETUP
🎯 Trade Plan:
Entry: 0.367417 – 0.369221
TP: 0.37481 - 0.379137 - 0.385628
SL: 0.359665
📊 Technical Analysis:
The 1D candlestick chart shows a bullish trend confirmed on the 4-hour timeframe with clear momentum. The 15-minute RSI is currently at 70.87, reflecting strong buying power but not yet in the overbought zone, leaving room for further growth. The 1-hour ATR at 0.0087 indicates that volatility is tightly compressed, often a precursor to a breakout.
The entry structure in the range of 0.3674 – 0.3692 with a tight stop loss at 0.3596 creates an R/R of approximately 1:2.1 with the first TP. Subsequent targets aim for the 0.3791 and 0.3856 levels, allowing for partial scale-outs as price progresses.
Trade $SKYAI now by clicking on the chart below 👇
🎯 Trade Plan:
Entry: 0.367417 – 0.369221
TP: 0.37481 - 0.379137 - 0.385628
SL: 0.359665
📊 Technical Analysis:
The 1D candlestick chart shows a bullish trend confirmed on the 4-hour timeframe with clear momentum. The 15-minute RSI is currently at 70.87, reflecting strong buying power but not yet in the overbought zone, leaving room for further growth. The 1-hour ATR at 0.0087 indicates that volatility is tightly compressed, often a precursor to a breakout.
The entry structure in the range of 0.3674 – 0.3692 with a tight stop loss at 0.3596 creates an R/R of approximately 1:2.1 with the first TP. Subsequent targets aim for the 0.3791 and 0.3856 levels, allowing for partial scale-outs as price progresses.
Trade $SKYAI now by clicking on the chart below 👇