Skyrocketing $SKL 4H Trading Setup with RSI WarningSKL / TetherUSBINANCE:SKLUSDTAltcoinPioonersSKLUSDT Skyrocketing SKL 4H Trading Setup with RSI Warning Trading Levels: Entry: 1.00 (0.05060 USDT) - The level where the initial purchase is planned. DCA (Dollar-Cost Averaging): 1.135 (0.05474 USDT) - An additional buying point if the price rises. SL (Stop Loss): 1.272 (0.05894 USDT) - The level where the loss would be limited. TP (Take Profit): TP1: 0.786 (0.04040 USDT) TP2: 0.618 (0.03577 USDT) TP3: 0.5 (0.03277 USDT) TP4: 0.0194 (0.0194 USDT) - A significantly lower target, possibly a long-term goal or error. RSI (Relative Strength Index) Indicator: The current RSI value is 90.95, which is deeply in the overbought territory (above 70 and nearing 90). This suggests the price may be overextended, indicating a potential reversal or correction soon. Analysis and Interpretation: Strategy: The chart uses Fibonacci levels to determine entry, exit, and loss points. The entry is set at 0.05060 USDT, with a DCA at 0.05474 USDT if the price continues to rise, and a stop loss at 0.05894 USDT to protect capital. Profit Targets: TP1 to TP3 are based on Fibonacci retracement levels (0.786, 0.618, 0.5), indicating a technical approach to taking profits incrementally. TP4 at 0.0194 USDT seems unusually low and might reflect a long-term target or an error. RSI: The extremely high RSI value (90.95) signals a strong overbought condition. This could imply an imminent pullback or consolidation, especially if the price fails to sustain its recent surge. Recommendation: Monitor the price closely around the entry level (0.05060 USDT) and DCA (0.05474 USDT). Given the overbought RSI, exercise caution with new entries or consider preparing for a potential sell-off.