I share my Hypothesis for $SKY
Hypothesis / Trading Strategy
Given the above, if you were considering entering:
Suggested Entry: Take advantage of a drop to relevant support levels. You can look for a market price retracement from the ATH or previous resistances — check on Binance charts or another exchange. Let's assume that $SKY trades today near US$0.08; it could be a good entry if it drops to US$0.06–0.07 (this varies if the buying volume is good).
Exit / Take Profit: If you buy at ~US$0.06–0.07, you could set a partial exit at double (~US$0.12–0.14) if a strong resistance is broken, and also another exit at a high point if the token gets close to US$0.20, assuming the market allows it.
Risks: Lack of audit, possible movements of the “ward” (administrative authorizations that can affect mint/burn/etc.), low liquidity on certain exchanges. Important to have a stop-loss if it drops significantly or there are signs of dumping.
