SKY is testing the 1.45 resistance, price hovering 0.8% below the breakout zone. Momentum is fading as sellers take control.
🔴 $SKY SHORT 📉
Entry $0.069510-$0.069650 | SL $0.071667 (-3.0%) | TP1 $0.068536 (+1.5%) | TP2 $0.066101 (+5.0%) | R/R 1:1.7 | Conf 64%
The market structure broke lower with a CHoCH on the 4‑hour while CVD turned negative confirming the sell pressure. A fair value gap sits under the current price and the previous order block aligns with that gap, creating a POI confluence. A liquidity sweep just ate the last buy stop, reinforcing the short bias.
A 3.0% stop is relatively tight, so a 5‑10x position size keeps risk within a single‑digit percent of equity.
Take half at the first target around 1.30 to lock in the initial 1.7 R.
Not financial advice — always manage your own risk 🙏
$SKY #SKYUSDT #scam #TradingSignals #Write2Earn
🔴 $SKY SHORT 📉
Entry $0.069510-$0.069650 | SL $0.071667 (-3.0%) | TP1 $0.068536 (+1.5%) | TP2 $0.066101 (+5.0%) | R/R 1:1.7 | Conf 64%
The market structure broke lower with a CHoCH on the 4‑hour while CVD turned negative confirming the sell pressure. A fair value gap sits under the current price and the previous order block aligns with that gap, creating a POI confluence. A liquidity sweep just ate the last buy stop, reinforcing the short bias.
A 3.0% stop is relatively tight, so a 5‑10x position size keeps risk within a single‑digit percent of equity.
Take half at the first target around 1.30 to lock in the initial 1.7 R.
Not financial advice — always manage your own risk 🙏
$SKY #SKYUSDT #scam #TradingSignals #Write2Earn