19.06% today on $SKY .
That move is real: $7.57M traded, volume running 4.2x its 20-day average, and the 4h candle alone is up 18.1%. 🔥
But RSI is 73.
Hot, not clean.
$SKY is above its 20d and 50d MAs, sitting only 4% below the 30d high. Bullish structure, but longs are paying 0.005% funding, so this push is getting crowded fast. $ETH isn’t showing this kind of acceleration right now.
At $0.0701, I’d watch $0.07 hard: hold it and momentum stays intact; lose it and I expect a flush before continuation. ⚠️
Bull or bear on this one? 👀
#SKY #Binance #CryptoNews
That move is real: $7.57M traded, volume running 4.2x its 20-day average, and the 4h candle alone is up 18.1%. 🔥
But RSI is 73.
Hot, not clean.
$SKY is above its 20d and 50d MAs, sitting only 4% below the 30d high. Bullish structure, but longs are paying 0.005% funding, so this push is getting crowded fast. $ETH isn’t showing this kind of acceleration right now.
At $0.0701, I’d watch $0.07 hard: hold it and momentum stays intact; lose it and I expect a flush before continuation. ⚠️
Bull or bear on this one? 👀
#SKY #Binance #CryptoNews