$SKY looks ready to break out after a strong recovery. Volume’s climbing on green candles (137M & +2.6%), showing real buying. Flows confirm it: 4h inflows +392k, 1h +111k, and spot buying +154k over 24h.

Price action: recovered ~40% from the 0.048 low, now hitting resistance at the 120-day MA and the 0.067–0.068 zone. Yesterday closed near highs on solid volume—classic setup for more upside if it holds.

Cautiously bullish: waiting for confirmation.

Strategy:

Ideal Entry: Pullback to 0.0665–0.0670

Aggressive Entry: ~0.0674, tight stop

Confirmation: 4h close >0.0680 with volume >100M

Stop-loss: 0.0638 (5.4% below current, near 24h low & MA20)

Targets: 0.0701 → 0.0758

$SKYUSDT Perp 0.0676 +6.67% – could be a strong move if this breaks higher. Who’s in?

#USCryptoStakingTaxReview #BitcoinETFMajorInflows

SKY

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