#CryptoTrading. #Signal🚥.

📊 Technical Analysis (1 hour)$SKYAI /USDT

1. Price and Movement:

• The current price is 0.05994 USD, which is a significant increase compared to previous levels (e.g. 0.04157). The latest candles show a sharp rise, which may indicate strong buying interest.

📈📉Technical indicators:

• Bollinger Bands (20, 2): The price is approaching the upper limit (UP: 0.05273), which may signal overbought or a possible corrective decline.

• MACD: DIF (0.00394) exceeds DEA (0.00191), and MACD (0.00203) is positive, indicating a bullish trend. However, the difference is small, so the trend may be vulnerable to reversal.

• Stochastic RSI: The values ​​of 90.88427 (STOCHRSI) and 79.97806 (MASTOCHRSI) indicate overbought conditions, which may portend a correction.

• Volume: Trading volume (687,288,587.00000) has increased significantly, which supports the current upward price movement.

🟢/🛑Trend and support/resistance:

• The short-term trend looks bullish due to the sharp price increase and positive MACD indicators. However, the approach to the upper limit of the Bollinger Bands and high values ​​of the Stochastic RSI may signal a possible correction.

• The resistance level may be around 0.06222 (the candlestick maximum), and support is around 0.04981 (the previous local maximum).

⚠️Conclusion:

At the moment, the SKYAI/USDT pair is showing strong bullish momentum, but there are signs of overbought conditions (Stochastic RSI, Bollinger Bands). It is recommended to monitor the volumes and a possible reversal if the price does not break the resistance at 0.06222 with confirmation. For a more accurate forecast, a correction to the level of 0.05273 or below can be considered.