$SKYAI has suffered a severe breakdown, with sellers completely dominating the market. 📉⚠️
The token has crashed 45.44% in the last 24 hours, dropping from a high of $0.25805 to around $0.13849. Price is trading just above the daily low, showing that buyers have not yet stepped in with enough strength to reverse the trend.
Although volume was extremely high during the sell-off, it has faded sharply afterward. This suggests panic selling has cooled, but it does not confirm a bottom. The overall structure remains decisively bearish with lower highs and lower lows.
📊 Key levels to watch:
• Support: $0.1300 – $0.1250
• Resistance: $0.1500 – $0.2000
• Major resistance: $0.2580
Unless price can reclaim $0.1500, any bounce is likely to be treated as a relief rally rather than a trend reversal.
Possible plan 👇
🔴 Short Zone: $0.1480 – $0.1550
🎯 Target 1: $0.1350
🎯 Target 2: $0.1300
🎯 Target 3: $0.1200
❌ Invalidation / Stop Loss: Above $0.1600
The trend is still firmly bearish. Chasing longs after a 45% crash is risky until the market shows a clear base and begins reclaiming key resistance levels. 📉
No financial advice. Manage risk properly.
The token has crashed 45.44% in the last 24 hours, dropping from a high of $0.25805 to around $0.13849. Price is trading just above the daily low, showing that buyers have not yet stepped in with enough strength to reverse the trend.
Although volume was extremely high during the sell-off, it has faded sharply afterward. This suggests panic selling has cooled, but it does not confirm a bottom. The overall structure remains decisively bearish with lower highs and lower lows.
📊 Key levels to watch:
• Support: $0.1300 – $0.1250
• Resistance: $0.1500 – $0.2000
• Major resistance: $0.2580
Unless price can reclaim $0.1500, any bounce is likely to be treated as a relief rally rather than a trend reversal.
Possible plan 👇
🔴 Short Zone: $0.1480 – $0.1550
🎯 Target 1: $0.1350
🎯 Target 2: $0.1300
🎯 Target 3: $0.1200
❌ Invalidation / Stop Loss: Above $0.1600
The trend is still firmly bearish. Chasing longs after a 45% crash is risky until the market shows a clear base and begins reclaiming key resistance levels. 📉
No financial advice. Manage risk properly.