$SKY Will SKY succeed in breaking free from its volatility or fall into the trap of quick profit-taking at the resistance level?
Here's a concise and professional digital summary of SKY (current price trading around $0.075):
🟢 1. Long Setup
Entry Zone: Between $0.070 and $0.073 (Strong structural support and retest of the accumulation bottom).
Targets (TP):
TP1: $0.082
TP2: $0.090
TP3: $0.102
Stop Loss (SL): 4-hour close below $0.064.
🔴 2. Short Setup
Entry Zone (Resistance): Between $0.088 and $0.096 (Strong supply zone and potential price rejection for speculators).
Targets (TP):
TP1: $0.079
TP2: $0.071
Stop Loss (SL): 4-hour close above $0.102.
📊 3. Technical Reasons in Brief (Rational)
Market View: The buy scenario hinges on the bulls' efforts to defend current demand levels and attempt a new upward bounce. However, resistance around $0.090 suggests the potential for selling pressure and quick profit-taking, which could immediately hinder the continuation of the upward momentum
$SKY @sky #sky
@LegendWorldCrypto2024
#Legendworldcrypto2025
Here's a concise and professional digital summary of SKY (current price trading around $0.075):
🟢 1. Long Setup
Entry Zone: Between $0.070 and $0.073 (Strong structural support and retest of the accumulation bottom).
Targets (TP):
TP1: $0.082
TP2: $0.090
TP3: $0.102
Stop Loss (SL): 4-hour close below $0.064.
🔴 2. Short Setup
Entry Zone (Resistance): Between $0.088 and $0.096 (Strong supply zone and potential price rejection for speculators).
Targets (TP):
TP1: $0.079
TP2: $0.071
Stop Loss (SL): 4-hour close above $0.102.
📊 3. Technical Reasons in Brief (Rational)
Market View: The buy scenario hinges on the bulls' efforts to defend current demand levels and attempt a new upward bounce. However, resistance around $0.090 suggests the potential for selling pressure and quick profit-taking, which could immediately hinder the continuation of the upward momentum
$SKY @sky #sky
@LegendWorldCrypto2024
#Legendworldcrypto2025
