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SKYAI plummeted 36.2% in 24 hours, hitting monthly lows, with its market cap falling to $238.26M. Despite a 70.85% surge in daily trading volume to $43.16M, the activity was driven by aggressive selling, not buying. Open Interest in derivatives dropped 36.65% to ~$69.66M, indicating traders closed leveraged positions. A modest positive exchange netflow of ~$340.75K signaled some holders moved tokens to exchanges, potentially for future sales. Buyers defended a key support zone around $0.168, preventing an immediate breakdown. However, technical indicators like MACD and Parabolic SAR remained bearish. The token's near-term direction depends on whether this support holds, allowing a potential recovery toward $0.335, or breaks, leading to further declines.
ambcrypto2天前
