The asset still looks technically supportive, with multiple signals continuing to back the setup.
In the current Bull Quiet regime, the best-fit approach is Trend following / buy dips. Trend conditions are constructive and volatility is contained, which usually favors following the move higher and looking for pullbacks instead of fading strength.
SKPANAX support and resistance levels highlight key price zones where buyers and sellers are most active. This section helps identify likely breakout areas, pullback support, overhead resistance, and the current trading range so you can evaluate trend continuation, reversal risk, and near-term crypto price direction.
| Level | Zone | Strength |
|---|---|---|
| Support 1 | $0.0006858 - $0.0006998 | |
| Resistance 1 | $0.001598 - $0.001598 | |
| Resistance 2 | $0.005196 - $0.005196 | |
| Resistance 3 | $0.01069 - $0.01069 | |
| Resistance 4 | $0.01587 - $0.01587 | |
| Active 1 | $0.0006989 - $0.0007000 |
SKX clears the resistance zone at $0.001598 - $0.001598 and holds above it. That would strengthen the breakout case and shift attention to $0.005196 - $0.005196.
SKX loses the support zone at $0.0006858 - $0.0006998. That would weaken the setup and open the way toward $0.0006858 - $0.0006998.
SKX continues trading between $0.0006998 and $0.001598. In that case, range-trading conditions remain active.
Technical indicators help summarize trend, momentum, volatility, and key price levels. They should not be used in isolation, but they can help identify whether a coin is trending, ranging, overextended, or approaching an important support or resistance level.
| Indicator | Value | Signal | Interpretation |
|---|---|---|---|
| SMA50 | $0.0006995 | Bullish | SKX is trading above the 50-day average. |
| SMA200 | $0.04124 | Bearish | SKX remains below the long-term trend line. |
| EMA50 | $0.001994 | Bearish | SKX is trading below the 50-day exponential average, which weakens the recent trend. |
| EMA200 | $0.05475 | Bearish | SKX is below the 200-day exponential average, which keeps the longer-term structure under pressure. |
| RSI (14) | 42.98 | Neutral | RSI (14) is at 42.98, which keeps momentum in a balanced range. |
| Stoch RSI (14) | 8.85 | Oversold | Stoch RSI (14) is low at 8.85, which shows momentum is pressing near its recent lower extreme. |
| MACD | -0.00007413 | Bullish | MACD is above its signal line. |
| ATR | 0.007645% | Quiet | Volatility is below its 180-day median. |
| VWMA | $0.0006998 | Bullish | Price is above the volume-weighted average. |
| Commodity Channel Index (20) | 34.27 | Neutral | CCI (20) is at 34.27, which keeps price relatively close to its recent average. |
| Awesome Oscillator (5, 34) | $0.0₆3458 | Bullish | Awesome Oscillator is above zero at $0.0₆3458, which supports bullish momentum. |
| Williams Percent Range (14) | -100.00 | Oversold | Williams Percent Range (14) is near the bottom of its recent range at -100.00. |
| Bull Bear Power (13) | $-3.237e-7 | Bearish | Bull Bear Power (13) is negative at $-3.237e-7, which suggests sellers are controlling price relative to the EMA baseline. |
| Ultimate Oscillator (7, 14, 28) | 51.70 | Neutral | Ultimate Oscillator is at 51.70, which suggests momentum is balanced across its short, medium, and long windows. |
| Hull Moving Average (9) | $0.0007000 | Bearish | SKX is trading below the Hull Moving Average (9), which weakens the near-term trend. |
| Ichimoku Cloud B/L (9, 26, 52, 26) | $0.0006997 | Bullish | SKX is trading above the Ichimoku base line, which supports bullish structure. |
Over the past 7 days, SKPANAX price was most positively correlated with the price of Trust Wallet Token (TWT), Dash (DASH), Decred (DCR), Gram (prev. Toncoin) (GRAM) and Venice Token (VVV) and most negatively correlated with the price of Monad (MON), Pump.fun (PUMP), Canton (CC), Jito (JTO) and Virtuals Protocol (VIRTUAL).
| Name | Correlation |
|---|---|
| Trust Wallet Token | 0.781 |
| Dash | 0.654 |
| Decred | 0.653 |
| Gram (prev. Toncoin) | 0.590 |
| Venice Token | 0.587 |
| Name | Correlation |
|---|---|
| Monad | -0.529 |
| Pump.fun | -0.450 |
| Canton | -0.419 |
| Jito | -0.351 |
| Virtuals Protocol | -0.338 |
SKPANAX price is positively correlated with the top 10 coins by market cap with a price of 0.288, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.212. Currencies that are positively correlated with SKPANAX indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with SKPANAX, a move in one direction for SKPANAX would translate into a move in the opposite direction for the negatively correlated coin.
