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【$SKYAI Signal】Pullback to go long / 1H level funding squeeze
$SKYAI 1H level RSI surges to 96.5, price breaks above the upper Bollinger Band, 4-hour level also remains above the upper band. MACD on both cycles is expanding strongly, buying volume continues to grow.
🎯Direction: Pullback to go long
⚡Entry/Order: Between 0.0820 - 0.1356, prioritize looking for support in the 0.1050-0.1150 range.
🛑Stop loss: 0.0740
🚀Target 1: 0.0978
🚀Target 2: 0.1058
🛡️Trade management:
- Execution strategy: After reaching Target 1, reduce position by 50%, and move stop loss to break-even. If price falls back into the entry zone, exit automatically to protect capital.
Sell wall on the order book is stacked above 0.136, but buy depth is also strong, indicating clear funding support. The current funding rate of 0.315% is not extreme, but open interest remains high, price is firm, and there is potential for a squeeze. This initial deep pullback after a rapid surge often signals a second attack by bulls, with a favorable risk-reward ratio.
View real-time market 👇 $SKYAI
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