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Seeker token surges 292% then faces profit-taking, with potential 40% dip ahead

Market News
03 Sep 2026
AMBCrypto
View Source
Neutral
pluang ai news

Seeker (SKR) experienced a sharp 292% rally from $0.091 to $0.359 but has since encountered strong selling pressure as traders took profits. Negative funding rates and falling open interest indicate a retracement phase, with prices possibly dropping another 40% to the $0.0125-$0.0175 range before buyers return. The recent Bitcoin dip contributed to SKR's pullback, and further Bitcoin weakness could challenge SKR's uptrend. Investors should be cautiously bullish, watching for support at key Fibonacci retracement levels.

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