$SKY /USDT Long Trade Signal (1H)

SKY is trading near 0.0583 and showing a clear bullish move on the 1-hour chart. Price is making higher highs and higher lows, which shows strong buying pressure. Buyers are in control as long as price stays above the short-term support.

Entry Zone: 0.0578 – 0.0585

TP1: 0.0600

TP2: 0.0618

TP3: 0.0630

Stop Loss: 0.0568

Analysis:

SKY has broken above the recent resistance near 0.0570 and is now holding above it. Volume is steady and price is moving up step by step. If price stays above 0.0578, more upside is possible toward 0.0600 and higher levels.

Bias: Bullish above 0.0578

Suitable for: Spot and futures traders

SKYUSDT

Perp

0.05626

+4.14%