$SKY 3h Price Chart Analysis: | - At this moment, price is pressing into a strong resistance/supply zone, and the most recent swing high is being tested. If there's a fakeout or liquidity hunt above 0.07869 with a swift rejection, I expect a retracement toward 0.07505 and 0.07327. A short entry would be valid after confirmation, aiming for those targets, with the stop-loss above the swing high from where the rejection begins. - If price instead pulls back to the 0.07505 area and forms a bullish reversal pattern (such as a pin bar, bullish engulfing, or a break of lower timeframe structure), this is a great opportunity for a long entry targeting 0.08000 and 0.08178, with a stop at the swing low of the pullback. - A clear break and close above 0.08000 with strong momentum would flip my bias to bullish continuation, aiming for 0.08178 and possibly 0.08500. - Watch for these scenarios and wait for confirmation on lower timeframes before entering. For example, on a rejection at resistance, look for a reversal pin bar or bearish engulfing. On a pullback, look for a bullish engulfing or a clear sign of demand stepping in. 🚨 Real-time AI signals. No noise, no guesswork. Use Finora for free →