$SKY
(SKY) is currently trading at $0.05902, showing a 6.7% increase in the last 24 hours. The cryptocurrency has seen significant growth, driven by its focus on decentralized governance and recent upgrades.¹ ²
*Key Developments:*
- *Binance Earn Support*: SKY is now available on Binance's Simple Earn Locked Products, offering flexible terms and daily payouts.
- *Galaxy's $75M Tokenized CLO*: Grove, part of Sky's ecosystem, anchored a $50M allocation, boosting institutional DeFi adoption.
- *Buterin Flags Stablecoin Challenges*: Ethereum co-founder highlighted hurdles for Sky's USDS and rivals.³
*Technical Analysis:*
- RSI (14) is at 36.0, indicating bearish conditions.
- MACD shows weak and flat signals.
- Support levels are at $0.0474, with resistance at $0.0619.⁴ ⁵
📈 _SKY's price is expected to test $0.0619 resistance, with potential upside if it sustains above $0.0474_.