The SKY token surged 8.39% to approximately $0.0854, reaching its highest level in several months. SKY broke through resistance levels at $0.078 and $0.084 with trading volume of around 14.18 million tokens. The recovery, which began around $0.056 earlier this month, now shows gains exceeding 50%. If holding above $0.084 is confirmed, the next target will be $0.09, then potentially $0.10. In case of a pullback, the support level at $0.078 could become relevant again. Sky governance recently approved the destruction of 2.86 million SKY tokens, reducing the circulating supply.
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