$SKY USDT has shown a strong bullish push with a 12% daily surge, indicating renewed investor interest and positive momentum
Current Price: $0.05878
24h Change: 🔼 +12.02%
Volume (24h): $52,243,543
Supply: 23,462,665,147 SKY
🎯 Price Targets
Target 1: $0.0645 — short-term resistance breakout
Target 2: $0.0718 — mid-term bullish extension
Target 3: $0.0800 — strong resistance / profit-taking zone
Entry Zone
Buy on Dip: $0.0560 – $0.0575 (support accumulation zone)
Breakout Entry: Above $0.0600 with strong volume confirmation
Stop-Loss
Stop-loss: $0.0535 (below short-term support)
Technical Outlook
SKY has shown a strong bullish push with a 12% daily surge, indicating renewed investor interest and positive momentum. The current uptrend is supported by increasing volume, hinting at accumulation and a possible continuation rally.
If SKY sustains above the $0.0600 resistance, the next bullish wave could target $0.0645, followed by $0.0718. The overall trend remains positive, but short-term traders should watch for a brief correction near $0.056 before another breakout attempt.
Momentum indicators point toward moderate overbought levels, suggesting a possible small retracement before the next leg up.
Strategy Summary
Action Entry Zone Targets Stop-Loss
Buy on dip $0.0560 – $0.0575 $0.0645 / $0.0718 / $0.0800 $0.0535
Breakout buy Above $0.0600 $0.0718 / $0.0800 $0.0550
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