$SKY /USDT Early Bullish Recovery

SKY is forming a higher low after the pullback, keeping the short-term bias bullish. Buyers are stepping in near support, and continuation remains favored while price holds above this zone.

Entry Zone: 0.0575 – 0.0583

Target 1: 0.0602

Stop Loss: 0.0570

Why This Setup Looks Strong

1 → Higher low confirms short-term bullish bias

2 → Buyers are defending the support zone

3 → Pullback looks corrective, not impulsive

4 → Momentum is starting to turn back up

5 → Clean structure with defined risk

Invalidation

→ A clear break below 0.0570 weakens the bullish structure

As long as SKY holds above support, upside continuation remains favored.

SKYUSDT

Perp

0.05751

+0.47%