$SKY Bulls Are Back, But $0.0535 Is the Key Test
$SKY
has made a strong rebound from the $0.0506 area and is now trading around $0.05226. Momentum has improved, but price is still below the MA(7) near $0.05271.
The main resistance sits around $0.0530–$0.0535. A clean breakout above $0.0535 could signal another move higher.
If price gets rejected, a pullback toward $0.0517 or $0.0506 support could follow.
Key level: $0.0535 resistance
Bias: Bullish while above support
Watch for: Breakout confirmation.#IsraelStrikesLebanonKillsHezbollahCommander #USToPressNationsToPickUSOrChinaAICoalition
$SKY
has made a strong rebound from the $0.0506 area and is now trading around $0.05226. Momentum has improved, but price is still below the MA(7) near $0.05271.
The main resistance sits around $0.0530–$0.0535. A clean breakout above $0.0535 could signal another move higher.
If price gets rejected, a pullback toward $0.0517 or $0.0506 support could follow.
Key level: $0.0535 resistance
Bias: Bullish while above support
Watch for: Breakout confirmation.#IsraelStrikesLebanonKillsHezbollahCommander #USToPressNationsToPickUSOrChinaAICoalition