SKYAI surged 30% in 24 hours, extending a breakout from a bullish pennant pattern in place since May 3rd. The OI-weighted Funding Rate doubled to 0.0219%, signaling traders’ increasing willingness to pay a premium for long positions. Open interest is expanding, indicating fresh capital flowing in rather than position rotation. Social activity around the token has also surged since early August, reinforcing bullish conviction. The $0.15 to $0.245 imbalance zone stands as the primary target for buyers.
Source: Read the original article
