$SKY /USDT swept sell-side liquidity into the 0.0617 region and immediately reversed with strong bullish displacement, reclaiming the prior range high. The sharp rejection from lows and clean impulsive push signal demand dominance and accumulation. Price is now holding above the reclaimed 0.0650 area, keeping the structure bullish with continuation favored as long as higher-lows are protected.
Trade Setup
Entry Zone: 0.06480 – 0.06620
Stop Loss: 0.06280
Targets:
0.06780
0.07050
0.07400
Acceptance above 0.0660 strengthens the continuation case; pullbacks into the 0.0650 zone are likely to be defended while momentum remains intact.
SKY
0.05611
-8.19%
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