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Is SKYAI’s 4-hour EMA crossing into a bearish dead cross—are you brave enough to follow this short setup hiding the bears?
$SKYAI /USDT - SHORT
Trading plan:
Entry: 0.03367 – 0.03415
SL: 0.03619
TP1: 0.03220
TP2: 0.03106
TP3: 0.02935
Why focus on this structure?
- The RSI on the 15-minute chart has reached 67.88, in the overbought zone, with heavy short-term pullback pressure.
- The 1D trend is range, but the 4-hour signals are clearly bearish, using 0.03391 as the entry reference.
- Why now? A 15-minute RSI divergence + an EMA dead cross is in sync, and bearish momentum is building.
- TP1: 0.03220 (-5%), TP2: 0.03106 (-8.4%), SL: 0.03619.
Discussion:
Will this move first hit TP2, or will it be a stop-run pullback before continuing down? Did you place your orders?