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$SKY IS SETTING UP FOR A SHORT SQUEEZE REVERSAL — Monitor these levels 📉
Stop-loss: 0.06115 ⚠️
Target: 0.05940 🚀
This is a counter-trend reversal trade on the 1H chart—meaning the immediate momentum is higher, but we’re catching an exhaustion state at a key resistance zone. The stop at 0.06115 is tight, and partial profits were included at 0.05890 and 0.05830.
Lower leverage is the move here—this isn’t a high-conviction swing trade, just a tactical short based on the hourly structure. If it doesn’t move quickly and flip the trend, respect the stop level.
Are you taking this with a reduced size, or staying long with the trend?
Not financial advice. Always assess/manage your risk.
#SKY #ShortSetup #CounterTrend #Crypto