$SKY USDT Trade Signal
Market OverviewSKYUSDT is up 7.25% on the 4-hour chart, trading at $0.05606 after a strong recovery from the recent low of $0.04940. Bullish candles dominate the latest sessions, showing buyers returning and momentum building toward the recent high.
Key Support and ResistanceSupport Levels:$0.05514 (nearest 4h support)$0.05362 (secondary support)$0.05200 (major swing low and strong support)Resistance Levels:$0.05631 (recent 4h top, immediate resistance)$0.05666 (upper resistance from historical chart range)
Next Move ProjectionSKYUSDT has good upside potential. If the price breaks and closes above $0.05631, expect bullish continuation. A minor pullback to $0.05514 is healthy and can be used as a new entry for bulls. Bears only regain control below $0.05200.Trade Targets (Take Profits)
Entry Zone: $0.05514 – $0.05600Stop-Loss: $0.05362 (below secondary support)Targets:TG1: $0.05631 (current top/test)TG2: $0.05666 (next resistance candidate)TG3: $0.05800 (psychological/round number resistance if breakout continues)Short & Mid-Term
InsightsShort-Term: Bullish bias above $0.05514; dips to this level are buy opportunities.Mid-Term: Favourable as long as 4h candles stay above $0.05362; loss of $0.05200 flips trend bearish.
Pro TipPatience is key: Avoid long entries into resistance. Wait for a solid candle close above $0.05631, or buy pullbacks to $0.05514 with a tight stop for optimal risk.
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