$SKY has gained over 5.7% but is now trading near the 24-hour high of 0.05850. The price is hovering around the MA(7) at 0.05781, which may act as dynamic resistance. Volume is declining compared to recent averages, indicating weakening buying momentum and potential for a pullback.

Entry Zone: 0.05750 – 0.05850

TP1: 0.05550

TP2: 0.05450

TP3: 0.05350

Stop Loss: 0.05900

Risk Management: Limit risk to 2% of capital. Use stop loss above the daily high to protect against a breakout.

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SKY
SKYUSDT
0.05741
+1.88%