$SKY /USDT TECHNICAL ANALYSIS – BULLISH SETUP
$SKY/USDT shows signs of a bullish momentum after holding strong near the 24h low of $0.06337 and bouncing towards resistance around $0.06779. The upward trend is supported by increasing trading volume, indicating buyer strength. Short-term consolidation suggests a potential breakout above recent highs.
Trade Setup:
Long Entry: $0.06700
TP1: $0.07050
TP2: $0.07230
TP3: $0.07500
SL: $0.06450
Risk Management: Keep risk per trade under 2% of your portfolio and adjust positions according to volatility. Avoid chasing price during sudden spikes or dips.
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SKYUSDT
Perp
0.06574
-0.99%