【$SKYAI Signal】Short squeeze in progress, pullback is an opportunity

$SKYAI 1H timeframe surges then consolidates at high levels, RSI skyrockets to 88, buying pressure breaks. 4H Bollinger Bands open upward, price breaks above the upper band, MACD lines continue to expand. Funding rate remains high at 0.22%, open interest stays stable, short squeeze logic is unfolding.

🎯Direction: Pullback to go long

⚡Entry/Order placement: Within the 0.08006 - 0.11619 range, prioritize placing orders around 0.105.

🛑Stop loss: 0.07333

🚀Target 1: 0.09352

🚀Target 2: 0.10024

🛡️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 orders are clearly stacked above 0.1164, but below that, from 0.116 to 0.1159, the order book is extremely thick, exposing the market’s defense intentions. The volume on the 1-hour chart has shrunk compared to the explosive phase, indicating healthy turnover. In this high-fee environment, price rejection of deep retracements itself signals strength, and the fuel for passive short covering is still accumulating. Unchanged open interest suggests the game is ongoing, not just a pump-and-dump.

View real-time market 👇 $SKYAI
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