SKYAI fell 18% over the past 24 hours, extending a week-long pullback that weakened its short-term bullish structure. Trading volume jumped 65% to $20.82 million, showing increased market participation without confirming which side controls it. A liquidity cluster of approximately $16.16 million sits near the $0.16 level, which could become an upside target if buyers regain control. Derivatives positioning remained slightly bullish with 52% long positions versus 48% shorts, indicating traders remain divided on the token’s next direction.
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