$SKY Short liquidations around $0.06235 confirm that sellers were trapped below resistance. Price has now reclaimed that level and is building support on top of it, which is a classic continuation setup.
EP: $0.0615 – $0.0630
TP1: $0.068
TP2: $0.074
TP3: $0.082
SL: $0.0588
Market Sentiment: Bears are backing off and volume is rising on green candles. As long as $SKY holds above $0.061, the path of least resistance points upward.
SKY
0.06158
-3.14%
BTC
87,717.97
-1.94%
BNB
855.12
-0.29%