$SKYAI ICT/SMC + Elliott Wave LONG Strategy: Only go long after the confirmation signal appears; otherwise, once it breaks below $0.0915, this trade logic fails.
$SKYAI is currently testing the key ICT/SMC decision zone around $0.0960, while also nearing the 61.8% Fibonacci retracement level at about $0.0972. The 4H structure shows that price surged strongly from $0.0227, then met resistance at the $0.1431 prior high and experienced a rapid pullback.
From the Elliott Wave perspective, as long as the $0.0915โ$0.0970 demand zone remains valid, this pullback may still be part of a Wave 4 correction. The ICT logic suggests that price first sweeps the sell-side liquidity below $0.0915, followed by a strong displacement, and then breaks $0.0972 to trigger a market-structure shift.
If volume returns and price reclaims the level, the next upside liquidity targets are:
๐ฏ TP1: $0.1173
๐ฏ TP2: $0.1230
๐ฏ TP3: $0.1431
Invalidation: Below $0.0915; the deeper support level is around $0.0829.
The 4H RSI is approaching 30, indicating oversold/diminishing momentum signals in the short term; the daily RSI is near 67, which still maintains a strong higher-timeframe bullish structure.
Therefore, the professional trading approach is: wait for the liquidity sweep to clear the stop-losses + confirm the structure before enteringโdonโt chase blindly.
Trade $SKYAI here ๐๐ป๐๐ป
$SKYAI is currently testing the key ICT/SMC decision zone around $0.0960, while also nearing the 61.8% Fibonacci retracement level at about $0.0972. The 4H structure shows that price surged strongly from $0.0227, then met resistance at the $0.1431 prior high and experienced a rapid pullback.
From the Elliott Wave perspective, as long as the $0.0915โ$0.0970 demand zone remains valid, this pullback may still be part of a Wave 4 correction. The ICT logic suggests that price first sweeps the sell-side liquidity below $0.0915, followed by a strong displacement, and then breaks $0.0972 to trigger a market-structure shift.
If volume returns and price reclaims the level, the next upside liquidity targets are:
๐ฏ TP1: $0.1173
๐ฏ TP2: $0.1230
๐ฏ TP3: $0.1431
Invalidation: Below $0.0915; the deeper support level is around $0.0829.
The 4H RSI is approaching 30, indicating oversold/diminishing momentum signals in the short term; the daily RSI is near 67, which still maintains a strong higher-timeframe bullish structure.
Therefore, the professional trading approach is: wait for the liquidity sweep to clear the stop-losses + confirm the structure before enteringโdonโt chase blindly.
Trade $SKYAI here ๐๐ป๐๐ป