$SKY

SKYUSDT

Perp

0.05702

-1.45%

- Momentum is still in favor of buyers 🚀

$SKY shows strong momentum in favor of buyers after the strong impulsive movement. The price has not lost gains and has stabilized above the breakout area, indicating a healthy upward continuation.

_Trading Setup_:

- _Entry Area_: 0.0595 – 0.0600 📍

- _Take Profit Targets_:

- _Target 1_: 0.0604 🚀

- _Target 2_: 0.0619 📈

- _Target 3_: 0.0635 💥

- _Stop Loss_: 0.0591 ⚠️

_Technical Analysis_:

- _Upward Continuation_: As long as the lows remain intact, the bullish structure remains valid 💼.

- _Active Demand_: The shallow pullback and quick recovery indicate that demand is still active 🔄.

The currency shows potential for upward movement with a probability of bullish action 🚀.