【$SKYAI Signal】Long - 1H breakout pullback confirmation, main force clearly intends to support the market

$SKYAI The 1H timeframe has experienced a strong rally and is currently in a high-level consolidation phase. The price has built a platform in the 0.0535-0.0548 range, with the 1H EMA20 (0.0502) crossing above the EMA50 (0.0471) to form a bullish alignment, providing dynamic support below. Although the 4H RSI is as high as 81.62, indicating overbought conditions, open interest (OI) remains stable, and the price refuses to undergo a deep correction, suggesting that main capital is still on the scene and not purely a short squeeze. The current 1H RSI (78.5) has pulled back from high levels, preparing for another upward move. Market depth shows sell orders stacking above 0.0536, but buy orders are more concentrated in the 0.0534-0.0535 range, forming a short-term support zone.

🎯Direction: Long (Long)

⚡Entry/Order: 0.0534 - 0.0536

🛑Stop Loss: 0.0523

🚀Target 1: 0.0555

🚀Target 2: 0.0578

🛡️Trade Management:
- Position suggestion: Light position
- Execution strategy: After reaching Target 1, reduce position by 50% and move the stop loss up to the entry price of 0.0536. Track the remaining position with the 1H EMA20 (dynamic) as a trailing stop; if the price falls below, exit all positions.

Market depth logic: Over the past 24 hours, the increase has exceeded 17%, with volume and price rising together. The key point is that OI remains stable rather than decreasing, combined with a positive funding rate (0.0547%), which suggests new bullish capital is entering the market rather than a pure short squeeze rebound. The buy/sell volume ratio on the 1H chart during the rally once reached 0.53, indicating strong proactive buying. Currently, the 1H candlestick retraces to the previous breakout level around 0.0533, which is a classic breakout pullback opportunity. The first strong resistance above is yesterday’s high at 0.0548; breaking through this could lead to a move toward the 0.057-0.06 zone. The risk is that the 4H timeframe is seriously overbought, so caution is needed for quick profit-taking and potential pullbacks. Therefore, a light position and strict stop-loss are essential.

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