📊 $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.
#BinanceSquare #Crypto #SKYAI #Trading
$BTC
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.
#BinanceSquare #Crypto #SKYAI #Trading
$BTC