#GateSquareMayTradingShare

SkyAI/USDT Analysis

What we see on the chart

After a strong surge, the price hit a new all-time high, breaking the $0.38 level. The daily increase was over 20%, and from the low of $0.28485 — nearly +35%.

Key indicators:

· SuperTrend (10,3): 0.22373 — the price is significantly above the trend line, confirming a strong bullish impulse.
· MACD (12,26,9):
MACD = 0.01757, DIF = 0.05623, DEA = 0.03866 — bullish crossover, positive momentum.
· KDJ (9,3,3):
K = 97.27, D = 78.66, J = 104.59 — overbought zone, possible pullback.
· RSI:
RSI(6) = 88.02, RSI(12) = 83.48, RSI(24) = 80.54 — all three above 80, indicating extreme overbought conditions.

Levels that are important now:

· Resistance: $0.3850 (ATH), next psychological level $0.40.
· Support: $0.35 (local), then $0.314 (nearest consolidation zone), and $0.28485 (yesterday’s low).

Commentary

The token hit a new high, but all indicators are overbought — a classic caution signal. A short correction to $0.35–0.36 is possible. Bulls’ persistence should be watched: if the price consolidates above $0.385, it opens the way to $0.40+. If not — a rollback to $0.31 is likely.

Risks: high volatility, low liquidity (typical for memecoins), dominance of large holders:
· The token recently entered the top 100 by market cap, attracting a lot of retail attention but also increasing volatility.
· 73 related wallets hold about 300M SKYAI (around $70M at current prices) with no signs of selling — a strong nervous factor for traders.
· The project has support from BNB Chain and solid intentions, but tokenomics and liquidity raise questions.