$SKYAI Watching For A Relief Bounce⚡👇
Long Entry: $0.285 - $0.305
🎯 TP 1: $0.360
🎯 TP 2: $0.445
🎯 TP 3: $0.520
🛑 Stop Loss: $0.245
Analysis:
After a massive correction from 0.86 down to the 0.30 zone, selling pressure looks exhausted while buyers slowly start stepping back in.
The chart already went through a heavy flush after the parabolic rally, but now price is stabilizing around support instead of continuing straight down.
Recent taker buy volume is starting to compete again with sell pressure, which usually signals dip buyers returning after panic selling fades.
Funding remains positive but no longer overheated like during the top, and current structure looks more like consolidation than continuation dump.
What I’m watching:
• higher lows forming near 0.30
• increasing buy volume
• reclaim above 0.32–0.34
• reduced aggressive sell candles
If buyers successfully defend this zone, SKYAI could see a decent relief move from oversold conditions.
Still a volatile setup, so risk management matters heavily here.
🚫 DYOR
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