$SKYAI Signal】Long - 1H pullback confirmation, main force clearly defending the market



$SKYAI The 1H timeframe has experienced a significant rally and is now undergoing a healthy pullback and consolidation, with the price forming a strong support zone between 0.0522-0.0540. The 4H candlestick has established an upward trend with a large bullish candle. Although the 1H RSI(73.88) is somewhat high, the order book depth shows strong buying support, and open interest remains stable, indicating that the main funds have not exited. This is a typical strong consolidation, preparing for the next upward move.

🎯Direction: Long (Long)

⚡Entry/Order: 0.0535 - 0.0538

🛑Stop Loss: 0.0519

🚀Target 1: 0.0565

🚀Target 2: 0.0588

🛡️Trade Management:
- Position suggestion: Light position
- Execution strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the stop loss up to the entry price of 0.0538. The remaining position aims for Target 2. If the price strongly breaks through 0.0550, consider adding to the position appropriately.

Depth Logic: The order book depth imbalance reaches 14.07%, with bid depth significantly thicker than ask depth, indicating very strong support below. The 1H price remains supported above the EMA20(0.0508), and the latest hourly candlestick shows a buy ratio of up to 62%, a strong signal of bullish return. The 4H timeframe has already stabilized above all moving averages, with the trend intact. Combined with rising prices and stable open interest, this is not a bearish trap but a healthy correction under the control of the main force, preparing for a breakout above the previous high of 0.0548.

View real-time market 👇 $SKYAI

---

Follow me: Get more real-time analysis and insights into the crypto market!
SKYAI21.42%
BTC-0.6%
ETH-1.19%
SOL-0.36%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)