$SKY
SKY
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/USDT BULLISH SETUP – UPSIDE MOMENTUM IN PLAY💯💥
$SKY/USDT shows early signs of a bullish continuation after bouncing from the strong support zone around 0.0573. The price is currently testing the 0.0620 resistance, and a successful break above this level could trigger the next leg higher.
Key Levels:
Support (SL): 0.0570
Target 1 (TP1): 0.0645
Target 2 (TP2): 0.0665
Target 3 (TP3): 0.0690
Technical Observations:
Price forming higher lows on the 1H chart, signaling accumulation.
15m and 1H candlestick momentum favors buyers.
Volume rising near breakout levels, confirming bullish strength.
Risk Management:
Keep stop-loss tight at 0.0570, risking only a small portion of the portfolio per trade. Monitor volume for any signs of exhaustion near targets.