SKY is slipping below the 0.86 resistance, eyeing the 0.82 swing low as sellers tighten. Momentum is fading and the next move looks bearish.
🔴 $SKY SHORT 📉
Entry $0.079331-$0.079489 | SL $0.081792 (-3.0%) | TP1 $0.078219 (+1.5%) | TP2 $0.075439 (+5.0%) | R/R 1:1.7 | Conf 64%
A change of character broke the bullish swing, confirmed by a volume surge on the CVD and a liquidity sweep through the 0.84 order block. The fair value gap from 0.86 to 0.84 aligns with the order block, creating a POI confluence that signals a short entry near 0.85. Structure now shows lower highs and lower lows, cementing the downtrend.
A 3.0% stop is relatively tight given the recent volatility, so 2‑3× leverage keeps risk manageable.
Take partial profit at the first target around 0.80 to lock in gains.
Not financial advice — always manage your own risk 🙏
$SKY #SKYUSDT #fedminutesfocusonoctoberpause #TradingSignals #Write2Earn
🔴 $SKY SHORT 📉
Entry $0.079331-$0.079489 | SL $0.081792 (-3.0%) | TP1 $0.078219 (+1.5%) | TP2 $0.075439 (+5.0%) | R/R 1:1.7 | Conf 64%
A change of character broke the bullish swing, confirmed by a volume surge on the CVD and a liquidity sweep through the 0.84 order block. The fair value gap from 0.86 to 0.84 aligns with the order block, creating a POI confluence that signals a short entry near 0.85. Structure now shows lower highs and lower lows, cementing the downtrend.
A 3.0% stop is relatively tight given the recent volatility, so 2‑3× leverage keeps risk manageable.
Take partial profit at the first target around 0.80 to lock in gains.
Not financial advice — always manage your own risk 🙏
$SKY #SKYUSDT #fedminutesfocusonoctoberpause #TradingSignals #Write2Earn