Markets· ★★· bearish·

SKY Falls 5.44% to $0.0884 on Volume More Than Double the Average

  • —SKY price on October 5 was $0.0884143, down 5.44% daily
  • —Volume of $65.98 million was 113.45% above the 30-day average
  • —Price sat 5.04% below intraday VWAP but above the 7–200 day SMAs
  • —Gains over 30 days reached 24.58%, over 90 days 67.44%
Why it matters: A sharp drop on unusually high volume may signal profit-taking after a strong rally, but without a catalyst the direction remains unclear.
Source: DiarioBitcoin