【$SKYAI Signal】Long - 1H Breakout to New High, Funding Rate Squeeze in Progress

$SKYAI The 1H timeframe just broke above the previous high of 0.0531 with increased volume, and after reaching a new high of 0.05456, it is consolidating strongly. The 4H timeframe has closed positive candles consecutively, with EMA20 and EMA50 in a bullish alignment, indicating a strong trend. Currently, the price is trading above the 1H EMA20, showing strong momentum. The key point is: the funding rate is as high as 0.1002%, indicating a clear squeeze expectation, and open interest (OI) remains stable, with the price holding firm. This is a typical bullish control signal.

🎯Direction: Long (Long)

⚡Entry/Order: 0.0532 - 0.0535

🛑Stop Loss: 0.0515

🚀Target 1: 0.0560

🚀Target 2: 0.0585

🛡️Trade Management:
- Position Size Recommendation: Light
- Execution Strategy: After reaching Target 1, reduce position by 50% and immediately move the stop loss to the entry price (break-even). Track the remaining position with the 1H EMA20 as a trailing stop. If the price cannot hold above 0.0538 and quickly falls back into the entry zone, consider exiting early.

Deep Logic: The market shows a clear squeeze logic. The funding rate is extremely high, but the price is rising instead of falling, and OI remains stable, indicating that shorts are being forced to cover, fueling the rally. Although the 1H RSI is high (83.45), it may remain subdued during a squeeze. The order book depth around 0.0532 (bid_ask_ratio_depth: 1.29) provides immediate support. The 4H timeframe has broken out of a long-term consolidation zone, opening up upside space. The risk is that the high funding rate may trigger profit-taking by longs, so a light position and strict stop-loss are essential.

Check real-time market 👇 $SKYAI

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