$SKY /USDC BULLISH SETUP – TECHNICAL ANALYSIS

The $SKY/USDC pair is showing early bullish signs after consolidating near strong support at 0.06287 (MA25) and 0.06083 (MA99). Immediate resistance lies at 0.06476 (24h high) and 0.06593. The short-term MA(7) at 0.06401 suggests buyers are stepping in, and a break above 0.06476 could trigger further upside toward 0.06593 and beyond.

Trade Setup (Long):

Entry: 0.06369

Take Profit (TP): 0.06476, 0.06593

Stop Loss (SL): 0.06200

Risk Management: Keep risk under 2% of total capital. Maintain a 1:1.5 risk-to-reward ratio to protect capital while targeting steady gains.

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SKY
SKYUSDT
0.06178
+1.32%