Less than 0.4% away from a new intraday high, this rally has already reached a key level.
$SKYAI is currently at 0.03356, up 13.07% over 24 hours, with 6.2094 million USDT in contract trading volume. It has rebounded all the way from the intraday low of 0.02946. Now the question is whether it can break above 0.03369.
As for the news, its October 29 listing on KuCoin spot is already a done deal, adding a new trading venue. But that news came out 10 days ago, so today's rally can't be attributed entirely to the listing.
I'm more focused on whether this breakout can hold. On the 4-hour chart, EMA20 has just moved above EMA50, with the two moving averages at 0.03059 and 0.03055, respectively, suggesting the trend is strengthening. RSI(6) has reached 84.27, so the short-term rally is also looking rather steep.
Resistance is first at 0.03369, with support at 0.03055–0.03059. Holding above the intraday high would give the rebound room to continue; falling back below the moving averages would weaken this sign of a turnaround. The current 4-hour candle has not closed yet, so don't treat an intraday breakout as a done deal.
#AI代币炒作
$SKYAI is currently at 0.03356, up 13.07% over 24 hours, with 6.2094 million USDT in contract trading volume. It has rebounded all the way from the intraday low of 0.02946. Now the question is whether it can break above 0.03369.
As for the news, its October 29 listing on KuCoin spot is already a done deal, adding a new trading venue. But that news came out 10 days ago, so today's rally can't be attributed entirely to the listing.
I'm more focused on whether this breakout can hold. On the 4-hour chart, EMA20 has just moved above EMA50, with the two moving averages at 0.03059 and 0.03055, respectively, suggesting the trend is strengthening. RSI(6) has reached 84.27, so the short-term rally is also looking rather steep.
Resistance is first at 0.03369, with support at 0.03055–0.03059. Holding above the intraday high would give the rebound room to continue; falling back below the moving averages would weaken this sign of a turnaround. The current 4-hour candle has not closed yet, so don't treat an intraday breakout as a done deal.
#AI代币炒作
