Skya

SKYAI Going to the Moon or Falling Back to Earth.

1. Profit Booking
Current price action shows a parabolic rise of over 57% in just a few candles. Smart traders are likely to start booking profits near the top resistance at 0.09765.

2. Coin Breakdown

Pair: SKYAI/USDT (Perpetual)

Volume Surge: 1.20B SKYAI traded in 24h

Current Price: 0.09180

24h Range: 0.05750 – 0.09765

Pump Candle: 0.05750 to 0.09765 within 2 hours

High Risk Zone: Parabolic move with no base support

3. Risk Management
Avoid chasing green candles. If already in profit, use a trailing stop. Set tight SL below 0.081. Sharp reversals often follow such vertical pumps.

4. Explanation
The chart suggests a blow-off top with massive volume. The green arrow and “SOON” label indicate anticipation of a dump or pullback. This is a typical pump-and-dump structure seen in many low-cap coins with high volatility.

Pro Tip:
Sometimes, no trade is better than a late entry. Wait for a correction and consolidation before considering a long.
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