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$SKYAI showing a sharp rebound after a full trend reset — but now it’s testing a key reaction zone.
Price reclaimed EMA200 (~0.578) and surged from ~0.49, flipping short-term structure bullish. Still, zooming out, this sits inside a broader pullback from 0.79 highs — so this looks more like a relief rally than a fresh breakout.
Momentum is strong, but price is entering a prior supply zone where sellers stepped in before 👀
🔹 Hold above 0.62–0.64 → continuation toward 0.68, possibly 0.73
🔹 Rejection at 0.66–0.68 → pullback toward 0.58
🔹 Lose 0.58 → structure weakens, bearish range resumes
This isn’t early breakout territory — it’s a rebound into resistance. Chasing here increases risk.
Short-term bullish, but at a decision point. Breakout or rejection coming soon.
#SKYAI #CryptoTrading #TechnicalAnalysis #Bitcoin #Altcoins #USSeeksStrategicBitcoinReserve