SKYAI's recent surge in price has been accompanied by a significant decrease in trading volume. Despite reaching new highs above $0.67, this thinning volume may signal that the momentum behind SKYAI is fading.
The bulls will need to generate fresh demand to prevent a reversal towards the $0.75 target, which represents a potential turning point for the cryptocurrency. If they fail to do so, it could lead to a decline in price and a loss of momentum.