$SKY /USDT has shown a clean bullish reversal from the 0.0589 base, followed by a strong impulsive move and clear market-structure break. Price is now holding near the highs around 0.064 after a decisive breakout, with buyers stepping in aggressively on brief pullbacks. The long lower wick before expansion highlights strong demand absorption, and the current consolidation above prior resistance suggests acceptance rather than rejection. As long as price holds above the breakout zone, continuation remains the higher-probability path.
Trade Setup
Entry Zone: 0.06280 – 0.06420
Stop Loss: 0.06090
Targets:
0.06600
0.06850
0.07200
Bias stays bullish while price maintains higher lows above 0.062. A clean hold and expansion above 0.064 can trigger the next momentum leg toward higher resistance levels.
SKY
0.07705
+5.70%
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