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SkyAI holds breakout structure with 30% drop in Open Interest, signaling leverage reset and bullish potential.

Technical Signals
23 Jun 2026
AMBCrypto
View Source
Bullish
pluang ai news

SkyAI maintained its mid-June breakout structure despite a rejection at $0.4792, finding support around $0.328 and consolidating between $0.37-$0.39. The 30% drop in Open Interest from $173 million to $120 million suggests a leverage reset rather than aggressive liquidation, indicating reduced speculative pressure. Price stability amid falling Open Interest points to a potential cleaner upward move, with key resistance near $0.398-$0.41 and support around $0.3285. This consolidation phase positions SkyAI for a possible breakout toward $0.4792 or a retest of lower support levels.

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