【$SKYAI Signal】Long - 1H Strong Breakout Pullback, Main Force Clearly Protecting the Market
$SKYAI The 1H timeframe has experienced a massive rally and is currently in a healthy retracement phase with decreasing volume, supported above the EMA20 (0.0548). The 4H timeframe has confirmed a breakout of the previous consolidation zone, indicating a trend reversal to bullish. The current pullback presents an excellent second entry opportunity. Open interest remains stable, and the funding rate at 0.08% is relatively high but not dangerous, showing that bullish sentiment still exists, though short-term overheating should be watched.
🎯Direction: Long (Long)
⚡Entry/Order: 0.0580 - 0.0585
🛑Stop Loss: 0.0565
🚀Target 1: 0.0620
🚀Target 2: 0.0650
🛡️Trade Management:
- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss up to the entry price of 0.0585. Trail the remaining position for profit-taking; if the 1H close drops below the EMA20 (dynamic), exit all positions.
Deep Logic: Although the 1H RSI(76) is high, it has not formed a bearish divergence, which is normal in a strong market. The order book depth shows sell orders accumulating around 0.0588-0.0590. Once broken, this will accelerate upward movement. The 4H volume and price are rising together, dominated by buying pressure, and open interest remains stable during the price increase, indicating it’s not purely a short squeeze but with signs of main force protecting the market. Strong support levels below are at the 4H EMA20 (0.0535) and the previous breakout platform at 0.0520.
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【$SKYAI Signal】Long - 1H Strong Breakout Pullback, Main Force Clearly Protecting the Market
$SKYAI The 1H timeframe has experienced a massive rally and is currently in a healthy retracement phase with decreasing volume, supported above the EMA20 (0.0548). The 4H timeframe has confirmed a breakout of the previous consolidation zone, indicating a trend reversal to bullish. The current pullback presents an excellent second entry opportunity. Open interest remains stable, and the funding rate at 0.08% is relatively high but not dangerous, showing that bullish sentiment still exists, though short-term overheating should be watched.
🎯Direction: Long (Long)
⚡Entry/Order: 0.0580 - 0.0585
🛑Stop Loss: 0.0565
🚀Target 1: 0.0620
🚀Target 2: 0.0650
🛡️Trade Management:
- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss up to the entry price of 0.0585. Trail the remaining position for profit-taking; if the 1H close drops below the EMA20 (dynamic), exit all positions.
Deep Logic: Although the 1H RSI(76) is high, it has not formed a bearish divergence, which is normal in a strong market. The order book depth shows sell orders accumulating around 0.0588-0.0590. Once broken, this will accelerate upward movement. The 4H volume and price are rising together, dominated by buying pressure, and open interest remains stable during the price increase, indicating it’s not purely a short squeeze but with signs of main force protecting the market. Strong support levels below are at the 4H EMA20 (0.0535) and the previous breakout platform at 0.0520.
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