$SKYAI 1-hour trading volume reached 11.82 million U, 32 times the usual level
The 19:00 1h candle surged from 0.0365 to 0.0411 and closed at 0.0387. It’s up about 26% over 24 hours, following the volume spike at 19:44.
My take: positions are still holding. Coin-margined returns are +11.8% over 1h and +22.6% over 4h, and in the past 12 hours, five 1h candles have closed above the 48-hour high. But this candle has a long upper wick, aggressive buying is only 0.48, and selling outweighs buying. The broader market is also losing steam, so there’s a real risk of a pullback after the spike.
A sustained hold above 0.0411 would confirm the breakout; a drop back below 0.0365 would make it a false move.
$SKYAI saw volume spike 32-fold but left a long upper wick. Do you think that was position rotation or distribution? Share your thoughts in the comments.
#SKYAI #山寨币 #Futures
This is not investment advice
The 19:00 1h candle surged from 0.0365 to 0.0411 and closed at 0.0387. It’s up about 26% over 24 hours, following the volume spike at 19:44.
My take: positions are still holding. Coin-margined returns are +11.8% over 1h and +22.6% over 4h, and in the past 12 hours, five 1h candles have closed above the 48-hour high. But this candle has a long upper wick, aggressive buying is only 0.48, and selling outweighs buying. The broader market is also losing steam, so there’s a real risk of a pullback after the spike.
A sustained hold above 0.0411 would confirm the breakout; a drop back below 0.0365 would make it a false move.
$SKYAI saw volume spike 32-fold but left a long upper wick. Do you think that was position rotation or distribution? Share your thoughts in the comments.
#SKYAI #山寨币 #Futures
This is not investment advice
