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REDDIT

SKYAI Showing Weakness Near Resistance – Rising Wedge in Play

L
May 6, 2026 · 12:47

[https://coinmarketcap.com/currencies/skyai/](https://coinmarketcap.com/currencies/skyai/)

https://preview.redd.it/xr14fdt1kizg1.png?width=1793&format=png&auto=webp&s=de7cb71eded65e4c7274417fe4621738c9c79a04

$SKYAI is currently trading near the 0.78–0.81 resistance zone while forming a rising wedge structure, which typically carries a bearish bias.

SKYAI

Price has faced multiple rejections near the upper trendline, suggesting weakening momentum. If the lower trendline breaks, it could lead to a move toward lower support levels such as 0.72, 0.60, and potentially 0.52.

This analysis highlights a potential downside scenario if the structure fails.

NFA | DYOR