Seeker experienced a remarkable 292% rally, surging from $0.091 to $0.359 last weekend. Since reaching that swing high, the token has faced significant selling pressure from profit-taking activity. Open Interest has dropped sharply from $42 million to $24.6 million, indicating substantial market disengagement. A potential 40% retracement toward the 78.6% Fibonacci level at $0.0125 remains possible, but analysts believe this would not invalidate SKR’s broader bullish trend. The golden pocket zone between $0.0126 and $0.0175 could attract fresh buying interest if the correction materializes.
Source: Read the original article
