On the H4 chart, SKY has completed a short-term bottoming structure around $0.0550 after touching the lower Bollinger Band. The emergence of a strong bullish candle with a full body breaking above short-term moving averages, combined with a significant increase in trading volume, indicates that buyers are in complete control. Currently, the price is heading toward the Middle Band (MB) at $0.0587; once this level is breached, SKY will have strong momentum to approach the Upper Band near the $0.0634 area.

Futures Market Signals

$SKY Long Setup:

• Entry: $0.0581 - $0.0584

• Take Profit (3%): $0.0601

• Stop Loss (1.5%): $0.0573

SKY
SKYUSDT
0.05985
+0.26%