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SKYAI token plunges 30.53% amid heavy selling but top traders remain bullish.

Market News
03 Jun 2026
AMBCrypto
View Source
Bearish
pluang ai news

SKYAI experienced a sharp 30.53% drop in 24 hours with trading volume surging 253.8% to $163.3 million, signaling intense market activity. Despite the steep decline, Binance's top traders hold a bullish outlook, with 70.07% of positions long, viewing the drop as a temporary setback. Technical indicators show bearish momentum, but the token is near key support at $0.13, where a recovery could begin if buyers defend this level. Open Interest fell 34.93%, indicating reduced speculative leverage, which may stabilize the market if support holds.

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