$SKY shows strong bullish momentum, trading above all key moving averages including the 99-period MA (0.06535). The price is consolidating near the 24-hour high after a significant 30-day gain of over 55%, indicating strong underlying trend strength. Current volume, while below its 5-period average, remains supportive of the uptrend as the asset holds key support levels.
Entry Zone: 0.0665 - 0.0675
TP1:0.0690
TP2:0.0705
TP3:0.0720
Stop Loss:0.0650
Risk Management: Use proper position sizing and consider setting stop loss below the 99-period MA. Secure partial profits at TP1 to reduce risk exposure.
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SKYUSDT
Perp
0.06775
+4.89%