📊 $SKYAI Technical Analysis & Setup

Bearish momentum dominates as $SKYAI slides -3.8% on expanding volume, with multi-timeframe trends and BTC alignment pointing to further downside continuation.

‱ Key Support / Demand: 0.02910, with deeper downside target at 0.02621
‱ Resistance / Supply Targets: 0.03098, 0.03191 zone
‱ Trigger / Confirmation: Wait for a relief bounce into resistance followed by a lower-timeframe bearish rejection or SMC break before entering shorts
‱ Risk / Invalidation: A 1h close above 0.03273 flips structure bullish and invalidates the setup
‱ Market Execution: Open interest drops to $3.7M (-8.0%) with neutral funding; manage position sizing carefully around oversold RSI levels

DYOR — Educational setup, not financial advice.

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$BTC