$SKYAI The real thing to watch is $0.0595: it’s clinging to the 4-hour EMA5 at $0.059243. Pullbacks that hold—then I go long; current price $0.0607—don’t chase.
In the past 4 hours, the single-candlestick traded value is about 116k USDT; the most recent daily candle is about $19.63 million. Trading is active, but there hasn’t been enough consecutive volume to serve as evidence, so you can’t just treat +15.47% as a confirmed breakout. The volatility of the last 3 four-hour candles is already over 5%, and the daily is 11.4%—your margin for chasing is shrinking.
The moving-average structure is still bullish: on the 4-hour chart, EMA5 is above EMA25 and EMA60. However, RSI7=87.5 and RSI14=76.3—short-term is clearly overheated. Funding rate over the last 24 hours is cumulatively +0.0796%, and both the account and big holders are also leaning long. OI is about 65.6% of market cap, so the long positions aren’t light. The overall market is weak; this move by $SKYAI is standalone strength. It can keep pushing higher, but during pullbacks there’s also a lack of broader market support.
I only wait for a pullback and confirmation around $0.0595. If it breaks below $0.0535, it means the 4-hour long structure is broken—cut and step aside immediately.
First, look for the daily rebound upside to $0.075; then, also watch the $0.08 area near the highs of the prior range. Don’t chase the emotion in the middle.
📈 Direction: Long
💰 Entry reference: Pullback confirmation around $0.0595
🛑 Stop loss: $0.0535; exit after a break
🎯 Take profit 1: $0.075; refer to rebound space before the upper edge of the daily range
🎯 Take profit 2: $0.08; refer to the pressure area below the prior $0.09 high
You can hold the trend, but don’t chase the overheating.
Are you going to stand at $0.0595 for the pullback bounce and hold—or are you going to break down after the crowded long positions fail at $0.0535? Choose one.
$SKYAI #技术分析 #Twelve Uncle
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https://www.binance.com/zh-CN/copy-trading/lead-details/5051200019981811968
In the past 4 hours, the single-candlestick traded value is about 116k USDT; the most recent daily candle is about $19.63 million. Trading is active, but there hasn’t been enough consecutive volume to serve as evidence, so you can’t just treat +15.47% as a confirmed breakout. The volatility of the last 3 four-hour candles is already over 5%, and the daily is 11.4%—your margin for chasing is shrinking.
The moving-average structure is still bullish: on the 4-hour chart, EMA5 is above EMA25 and EMA60. However, RSI7=87.5 and RSI14=76.3—short-term is clearly overheated. Funding rate over the last 24 hours is cumulatively +0.0796%, and both the account and big holders are also leaning long. OI is about 65.6% of market cap, so the long positions aren’t light. The overall market is weak; this move by $SKYAI is standalone strength. It can keep pushing higher, but during pullbacks there’s also a lack of broader market support.
I only wait for a pullback and confirmation around $0.0595. If it breaks below $0.0535, it means the 4-hour long structure is broken—cut and step aside immediately.
First, look for the daily rebound upside to $0.075; then, also watch the $0.08 area near the highs of the prior range. Don’t chase the emotion in the middle.
📈 Direction: Long
💰 Entry reference: Pullback confirmation around $0.0595
🛑 Stop loss: $0.0535; exit after a break
🎯 Take profit 1: $0.075; refer to rebound space before the upper edge of the daily range
🎯 Take profit 2: $0.08; refer to the pressure area below the prior $0.09 high
You can hold the trend, but don’t chase the overheating.
Are you going to stand at $0.0595 for the pullback bounce and hold—or are you going to break down after the crowded long positions fail at $0.0535? Choose one.
$SKYAI #技术分析 #Twelve Uncle
If you like Twelve Uncle’s thought process, just go to Binance homepage and follow the copy trade
Click my profile to start following immediately
https://www.binance.com/zh-CN/copy-trading/lead-details/5051200019981811968
