Markets· ★★· bullish·

SKY price climbs 10.7% to $0.0934, breaking out of rising channel

  • —SKY rose 10.71% to $0.09344, session high $0.09494
  • —Price sits above all four tracked moving averages, Aroon Up at 100%
  • —Liquidation clusters near $0.0947 above and $0.091 below
  • —Galaxy Digital allocated $100 million of sUSDS to its corporate treasury
Why it matters: The channel breakout and Supertrend support at $0.0816 open the path to $0.10, though the 29% gap above the 20-day average leaves room for a pullback.
Source: crypto.news