SKY Protocol painted a textbook V-shaped recovery from its bottom at $0.03538 nearly doubling since then. That's not weakness, that's accumulation done right.
📊 Bollinger Bands show price hugging the mid-band ($0.06529) tightly after rejection from the upper band ($0.07186). A healthy consolidation before the next leg.
🔍 RSI(6): 49.7 | RSI(12): 50.4 | RSI(24): 51.5 All three aligning near 50 signals a perfect neutral-to-bullish reset. Momentum is quietly rebuilding.
📉 Volume cooling down after the rally classic institutional accumulation phase. Smart hands rarely announce their moves.
The dip was macro-driven, not fundamental. SKY's structure remains clean. A close above $0.06761 opens the door to $0.07135+.
🧠 "The best time to research a coin is before everyone else does."
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🚨$SKY /USDT 1D Chart Analysis
Current Price: $0.06532 | +1.33%
SKY Protocol painted a textbook V-shaped recovery from its bottom at $0.03538 nearly doubling since then. That's not weakness, that's accumulation done right.
📊 Bollinger Bands show price hugging the mid-band ($0.06529) tightly after rejection from the upper band ($0.07186). A healthy consolidation before the next leg.
🔍 RSI(6): 49.7 | RSI(12): 50.4 | RSI(24): 51.5 All three aligning near 50 signals a perfect neutral-to-bullish reset. Momentum is quietly rebuilding.
📉 Volume cooling down after the rally classic institutional accumulation phase. Smart hands rarely announce their moves.
The dip was macro-driven, not fundamental. SKY's structure remains clean. A close above $0.06761 opens the door to $0.07135+.
🧠 "The best time to research a coin is before everyone else does."
#SKYProtocol #SKYUSDT #GateIO #DeFi #CryptoAnalysis #Altcoins