$SKYAI Signal】Pullback to add longs + 1H retest of EMA20 for confirmation of support



$SKYAI The 1H timeframe has experienced a violent surge and is currently in a consolidation phase digesting gains. The price has slightly pulled back from the high of 0.0509, but the key is whether the 1H EMA20 (0.0453) can provide effective support. The 4H trend is clearly upward, having just broken through the previous consolidation range. The current candlestick closes above all moving averages, indicating a healthy bullish structure. Open interest remains stable and has not dropped significantly with the price pullback, suggesting that bullish positions are not panicking and are part of a healthy technical correction.

🎯Direction: Go long (Pullback to add longs)

⚡Entry/Order: 0.04439 - 0.04539

🛑Stop loss: 0.04270

🚀Target 1: 0.04900

🚀Target 2: 0.05150

🛡️Trade management:

- Execution strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the stop loss of the remaining position to the entry average price (break-even). If the price strongly breaks through 0.0515, move the remaining position’s stop loss to 0.0490 to aim for greater gains.

(Depth logic: After a volume breakout on the 4H timeframe, the trend has shifted to bullish. The 1H RSI(68.18) has retreated from overbought territory, providing another entry opportunity. The order book depth shows heavy sell orders above 0.0500, requiring a strong push to break through, while buy orders below are still decent, indicating limited downside space. The core strategy now is to wait for the price to retest the 1H EMA20 and the breakout level on the 4H to form a resonance support zone, offering an excellent risk-reward ratio. )

View real-time market 👇 $SKYAI

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