$SKY /USDT BULLISH BREAKOUT ANALYSIS

Technical Overview:

$SKY /USDT is showing strong bullish momentum after reclaiming key intraday levels and forming higher-lows across the lower timeframes. The price has broken above immediate resistance and is maintaining upward structure, indicating buyers are gaining control. Volume expansion supports the ongoing upside move, suggesting continuation is likely if current support levels hold.

Long Entry:

Entry: 0.05620 – 0.05700

Targets (TP):

TP1: 0.05980

TP2: 0.06240

TP3: 0.06480

Stop Loss (SL): 0.05350

Risk Management:

Use strict SL, risk only 2–3% per trade, avoid over-leveraging, and secure profits at each target.

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SKYUSDT

Perp

0.05571

+1.97%