📊 Technical Analysis – SKY/USDT
Current Price: 0.06849 USDT
Change over 24 hours: +5.37%
Highest Price Today: 0.06909
Lowest Price Today: 0.06139
🔍 Indicator Reading
- The price is moving above MA(7) and MA(25), indicating short-term upward momentum
- MACD shows a positive crossover, supporting the continuation of the upward trend
- Trading volume is relatively high, reflecting good interest from the market
---
🎯 Buy and Sell Areas
📌 Ideal Entry Area: 0.06600 – 0.06800
🎯 Trading Targets:
- First Target: 0.07100
- Second Target: 0.07500
- Third Target (Extended): 0.08000
🚫 Stop Loss: Below 0.06100
---
📈 Market Sentiment
- Buy Ratio: 57.78%
- Sell Ratio: 42.22%
🔹 This balance leans in favor of buyers, but not excessively, indicating that the market is still in a trend-testing phase
🧠 Professional Analysts' Forecasts
- Some analysts believe that SKY could see a bullish wave if it breaks the 0.07000 level firmly
- Positive forecasts are linked to increased liquidity and community engagement around the project
- If the price stabilizes above 0.07500 in the coming days, we might see targets around 0.085 – 0.090
🏁 Conclusion
Coin
$SKY shows positive technical signals, but it needs confirmation through a breakout above 0.07000.
The market is responding well, and the current momentum supports continued upward movement in the short term.
Close monitoring over the next 48 hours is essential to determine the upcoming trend.
#SkyArk