$SKYAI Shows Bearish Continuation After Rejection From the Descending Trendline
$SKYAI – SHORT
Trade Plan:
Entry: 0.0740 – 0.0770
SL: 0.0835
TP1: 0.0700
TP2: 0.0660
TP3: 0.0620
Why this setup?
SKYAI is trading under a clear descending trendline, forming a sequence of lower highs and lower lows. The recent bounce failed to reclaim the trendline, while price is now hovering near the 0.0740 support area. The structure remains bearish as long as price stays below the descending resistance. A break of the current support could trigger another move toward the lower levels.
Leverage: 10X Max
Click below for trade 👇
$SKYAI
$SKYAI – SHORT
Trade Plan:
Entry: 0.0740 – 0.0770
SL: 0.0835
TP1: 0.0700
TP2: 0.0660
TP3: 0.0620
Why this setup?
SKYAI is trading under a clear descending trendline, forming a sequence of lower highs and lower lows. The recent bounce failed to reclaim the trendline, while price is now hovering near the 0.0740 support area. The structure remains bearish as long as price stays below the descending resistance. A break of the current support could trigger another move toward the lower levels.
Leverage: 10X Max
Click below for trade 👇
$SKYAI