Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download
Investment
Features
FeesSafety
Academy
More
Pluang+

SKYAI token falls over 20% amid bearish sentiment and heavy long liquidations

Technical Signals
03 Jul 2026
AMBCrypto
View Source
Bearish
pluang ai news

The SKYAI token has dropped more than 20% recently, continuing a sharp decline fueled by bearish sentiment and heavy long liquidations. Despite a nearly 75% fall from its launch price, trading volume remains high, driven by social media negativity and large traders dominating market activity. Retail investor participation is weakening, while whales hold more influence, though no clear signs of accumulation appear. Technical indicators suggest the token is near a critical support level but remains vulnerable to further downside unless buying interest improves.

More News

Binance sees $213M net USDT inflow in 24 hours, signaling potential crypto buying power.

Binance sees $213M net USDT inflow in 24 hours, signaling potential crypto buying power.

Binance recorded a net inflow of $213 million in USDT stablecoins over 24 hours, indicating increased capital moving onto the exchange. This inflow suggests traders may be preparing to buy cryptocurrencies or use the funds for trading activities, but...

Market News
Bullish
4 hours ago
AVAX sees isolated corporate selling but maintains bullish momentum near $7 resistance

AVAX sees isolated corporate selling but maintains bullish momentum near $7 resistance

Revolut sold $1.2 million worth of AVAX, sparking questions about corporate crypto strategies, but this sale appears isolated without signaling a broad trend. Exchange data shows net outflows of AVAX, indicating buyers are absorbing supply rather tha...

Market News
Neutral
4 hours ago
665 billion Shiba Inu tokens activated, but price remains under pressure amid mixed market signals

665 billion Shiba Inu tokens activated, but price remains under pressure amid mixed market signals

Over 665 billion Shiba Inu (SHIB) tokens became active in the last 24 hours, driven by increased activity from large holders or whales. Despite this large injection, SHIB's price remains weak around $0.0000043, trading below key moving averages and f...

Technical Signals
Neutral
4 hours ago
Morpho raises $175M to build a credit network linking traditional finance with onchain markets.

Morpho raises $175M to build a credit network linking traditional finance with onchain markets.

Morpho Association secured $175 million from investors including Paradigm and a16z to develop an open credit network that bridges traditional financial systems with blockchain-based capital markets. This funding highlights growing investor interest i...

Market News
Bullish
4 hours ago
Invesco Solar ETF downgraded to hold amid valuation, technical, and market headwinds.

Invesco Solar ETF downgraded to hold amid valuation, technical, and market headwinds.

The Invesco Solar ETF (TAN) has been downgraded from a buy to a hold rating due to less attractive valuation and weakening technical indicators. Despite solid long-term earnings growth, the fund faces challenges from lower oil prices, weak share-pric...

Analyst Insights
Bearish
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App