$SKYAI Signal】Long - 1H Breakout to New High, Main Capital Support Clearly Visible



$SKYAI The 1H timeframe just strongly broke above the previous high of 0.06238, creating a new intraday high with strong momentum. The 4H timeframe has closed positive for several consecutive periods, breaking through the previous consolidation range, establishing an upward trend. The current price is 0.0622, with active buying, typical of a momentum breakout.

🎯Direction: Long (Long)

⚡Entry/Order: 0.0620 - 0.0623 (Near the current price)

🛑Stop Loss: 0.0595

🚀Target 1: 0.0660

🚀Target 2: 0.0690

🛡️Trade Management:

- Execution Strategy: When the price reaches 0.0660 (Target 1), reduce position by 50%, and move the stop loss of the remaining position up to the entry price of 0.0620. If the price strongly breaks above 0.0660 and stabilizes, hold the remaining position towards Target 2.

Depth Logic: The 1H RSI reaches 83.71, indicating overbought conditions but with very strong momentum, common in main upward waves among Hot Coins. Key data points are: 1) Open Interest (OI) trend is stable, with no significant decline while the price has increased by 24%, indicating not just short covering but new funds entering to support the rally. 2) The latest 1-hour candlestick buy/sell transaction ratio is as high as 0.59, with buying power dominating. 3) Market depth shows a large accumulation of sell orders above 0.06238 (27.6K), yet the price can still break through, indicating strong buying capacity. Combined with a positive funding rate of 0.0788%, market sentiment is strongly bullish, suitable for trend-following entries.

View real-time market 👇 $SKYAI

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