SKY Price Analysis: Maintaining Support Above $0.084

SKY has extended its September recovery, trading near $0.0854 after reaching a multi-month high of $0.0875. The asset gained over 50% since early September, supported by increased trading volume. While the rally follows ecosystem developments, including a token burn and Galaxy adding $100 million of sUSDS to its treasury, the immediate challenge for buyers is maintaining support above $0.084. If successful, the next targets are $0.09 and $0.10, while a decline could see the price retest the $0.078 support level.