SKY/USDT · 1D · 8 Nov 2026
Sky (SKY) price analysis — daily chart
Sky (SKY) is at 0.06379 on the 1D chart. The setup is clearly bearish while SKY stays under 0.06681: the 0.06681 swing low broke and price is back testing it from the bottom.
After the spike to 0.1022: a 0.06181–0.09080 range, price in the lower third
The read
The setup is clearly bearish while SKY stays under 0.06681: the 0.06681 swing low broke and price is back testing it from the bottom.
Backing it: the indicators favour the sellers' side and it is still digesting the spike.
Price is under the 50-day average (0.07395). It is under the 200-day average (0.06640).
The last 5 days are up 0.5%.
Price is 29.7% under 0.09080, the top of the range it has built since the bounce, and 3.2% over 0.06181, the low of that range.
What kills the setup: a daily close over 0.06681, 4.5% away.
Why
For it: price is under the average price buyers have paid since the 0.05064 low, 0.07019, so those buyers are losing money; price is under the Ichimoku cloud (a widely watched trend gauge), and the gauge points down ahead.
Against it: nothing on the chart right now.
If-then
While SKY stays under 0.06681 the setup stays bearish; 0.06181 is the next line it has to break.
A 1D close above 0.06681 ends the breakdown and retest; no tested level above it on this chart — the next round number is 0.07000.
A 1D close below 0.06181 breaks down out of the range; the next level down is 0.05761.
Key levels
0.06181 is the floor — the low of the base. It is also the prior week low.
0.09080 is where sellers keep showing up: it held 2 of 3 visits.
The full picture
On Oct 5 SKY spiked to 0.1022, 84% over its 30-day low, on 1.8× normal volume; it has since traded between 0.06181 and 0.1022.
On the 1D chart, SKY has traded between 0.06181 and 0.09080 since the bounce. Now at 0.06379, it sits in the lower third of that range; the last daily close was 0.06466.
Sellers keep pressing — the daily tops have come down from 0.06989 to 0.06830, onto a floor near 0.06181; its highs keep falling — 0.08206, then 0.07731, then 0.06989 — pressing toward the 0.06181 floor.
The weekly picture: a weekly downtrend, 38% under the cycle high; on the daily, price is below the 200-day average (0.06640), and the 50-day average is above the 200-day average. The daily has no trend of its own.
Against BTC: over the last 5 daily candles SKY moved +0.5% and BTC -1.2% — SKY is the stronger chart.
The trend has been the buyers': the weekly chart is up.
The breakdown has backing. Price is under the average price buyers have paid since the 0.05064 low, 0.07019, so those buyers are losing money. Price is below the Monthly VWAP (0.06586).
What doesn't fit: The trend is weak — ADX 18, under the 25 where a trend is real, with sellers ahead (−DI 20, +DI 15). These are the weak spots in the breakdown.
Key levels
| Level | Price | From price | Role |
|---|
| Swing high | 0.1022 | +60.2% | swing, read |
| Resistance | 0.09080 | +42.3% | read edge |
| Swing high | 0.07395 | +15.7% | swing, read |
| Swing high | 0.07000 | +9.6% | swing, read |
| Fib retracement | 0.06730 | +5.5% | fib, sr |
| 3-TF resistance | 0.06681 | +4.7% | confluent, golden pocket |
| Fib retracement | 0.06561 | +2.9% | fib |
| Prior day high (not retested) | 0.06528 | +2.3% | calendar, fib |
| Resistance | 0.06456 | +1.2% | calendar, sr |
Updated 8 Nov 2026. Run a live Sky read →
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