$SKY Futures Long Signal
Entry Zone: 0.0665 – 0.0678
Take-Profit 1: 0.0688
Take-Profit 2: 0.0715
Take-Profit 3: 0.0750
Stop-Loss: 0.0639
Leverage (Suggested): 3–5x
Rationale:
#SKY has broken out cleanly from the 0.0621 accumulation base, printing a strong impulsive move toward 0.0682 with expanding volume. Price is currently consolidating above the rising MA(25) and MA(7) on the 1H timeframe, indicating bullish continuation rather than distribution.
The pullback from the local high is shallow and controlled, suggesting buyers are actively defending the 0.066–0.067 demand zone. Market structure remains bullish with clear higher highs and higher lows intact.
As long as price holds above this demand area, continuation toward higher liquidity zones remains structurally valid.
Risk-Management Note:
A decisive breakdown below 0.0639 would invalidate the higher-low structure and signal short-term trend weakness.
