Technical analysis by FireHoseReel about Symbol SKY: Buy recommendation (12/2/2025)

🔥 Welcome to FireHoseReel ! Let’s check what SKY is setting up right now. 👀 SKY – 4H Overview SKY has managed to recover its recent price drop very well over the last few 4H candles and is now approaching a major breakout resistance. If this bullish leg continues, SKY could experience further upside expansion. 📊 SKY Volume Analysis Volume has increased clearly during the recent rise. If the upcoming pullback is accompanied by decreasing volume, followed by a renewed expansion in buy volume and an upside move, this would serve as a strong confirmation of trend continuation. ✍️ SKY Trading Scenarios 🟢 Long Scenario A pullback toward the $0.05582 resistance, followed by lower corrective volume, and then a strong volume expansion after confirming resistance-as-support, could activate our multi-timeframe long trigger. 🔴 Short Scenario A break below the key support at $0.04893, accompanied by heavy selling pressure, could provide a valid short setup for SKY. ❤️ Risk Management & Emotional Discipline Crypto trading is highly risky. Without proper risk management and emotional control, trading is no different from gambling. Logic must always come before emotions. Learn to manage your trades, and enjoy the process of trading with control and discipline.