🚀 $SKY – Sky (Skycoin / Sky) Gliding in the $0.06 Zone: Futures + Spot Both Active! 🌌
SKY is trading roughly around $0.058–0.060, very close to your $0.06059 level, with active spot markets and a Binance perpetual contract (SKYUSDT). 24h volume is around $18–19M, so there is decent liquidity and intraday volatility for trading.
Context & Market Snapshot
SKY trades on several major CEXs (Binance, Bybit, KuCoin) and DEXs, with prices clustering near $0.058–0.060 and 24h ranges of about 5–7%.
Binance Futures lists SKYUSDT with good depth; recent quotes show the perp near $0.057–0.058, slightly below spot but inside the same band
Entry :
$0.0592
$0.0568
Targets :
$0.0621 – TP1
$0.0644 – TP2
$0.0670 – TP3
🛑 Stop‑loss : $0.0539
Below this, SKY breaks back toward deeper support and invalidates the immediate bounce structure; better to cut and re‑evaluate.
Leverage (SKYUSDT futures on Binance):
3–5x isolated is reasonable; daily swings of several percent plus mid‑cap liquidity mean higher leverage adds a lot of liquidation risk without major benefit.
Treat SKY as a moderately volatile mid‑cap: let price come to your entries, take partial profit at each target, and after TP1 hits, move stop to entry so one sudden red candle cannot turn a winning setup into a loss.
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