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SKYAI 4-hour RSI hits the bottom—reversal or a rebound trap?
$SKYAI /USDT - go LONG
Trading plan:
Entry: 0.0273 – 0.0277
SL: 0.0255
TP1: 0.0290
TP2: 0.0300
TP3: 0.0315
Why focus on this setup?
- Current price is 0.0275; 15-minute RSI is only 30.22, forming a rebound in the oversold zone.
- The 1D trend is still bearish, but the 4-hour LONG signal confidence is 84%, and EMA support is clear.
- Entry zone 0.0273-0.0277; TP1 at 0.0290 (+5.5%); risk-reward ratio 1:2.3.
- Why now? Oversold + high-confidence alignment—waiting for confirmation with a breakout above 0.0277.
Discussion:
Will this wave reach TP1 0.0290 first, or will it break the SL 0.0255 first?