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$SKYAI – Sharp pump met with decisive rejection as momentum fades near local peak
Trade Setup: Short $SKYAI
• Entry Zone: 0.555 – 0.575
• Target 1: 0.525
• Target 2: 0.495
• Target 3: 0.460
• Stop Loss: 0.605
Price action exhibits a clear rejection following an abrupt upward spike, with momentum deteriorating near the localized top. The inability to sustain higher ground suggests buyer exhaustion is underway, positioning the asset for a corrective move toward lower support thresholds. Risk parameters are defined above the rejection zone at 0.605.
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