$SKYAI Showing Weakness – MA200 Breakdown Could Trigger Another Leg Down

Price has officially slipped below the 15mins MA200, which is a key trend indicator. Unless buyers reclaim this level quickly, the chart favors further downside before any meaningful recovery.
The rejection from the recent high around 0.0525 has already shifted momentum in favor of sellers. Price is now trading below MA7, MA25, and MA99, while RSI remains weak, showing buyers are losing control.
As long as 0.0350–0.0355 acts as resistance, expect sellers to stay in control.
🎯 Downside targets: 0.0320, 0.0300, 0.0280, 0.0250
These are the next major support zones where buyers may attempt a bounce.
🔄 What Would Invalidate This?
A strong reclaim of the MA200 with rising volume would be the first sign that this breakdown was a fakeout. Until then, every relief rally is likely to face selling pressure.
Entries: On weak bounces below MA200 or after confirmed rejection.
Invalidation: Sustained move back above the MA200 and recent lower highs.
Risk management is essential—don't chase oversold candles.
The trend remains bearish until the market proves otherwise.