$SKI UPDATE
Good news for those holding $SKI. Price just had a break above above big descending trendline on 1D and if this daily candle close is above $0.03000 then a full reclaim is also confirmed. There has already been a 50% move towards next resistance. The close here will be really important since it’ll give an idea about the market structure also which has been bearish and a constant formation of LLs and LHs since the start of July. And plus, this is first time after a while that price will be reclaiming a resistance instead of losing one support after the other. So, I will be updating further after this daily close as to what exactly the market structure is looking like.
The most interesting part is the strength against $USDT dominance and a similar trendline breakout and reclaim of level on that chart too. This is a clear signal of capital rotation into $SKI relative to stablecoin. In other words, this is not just an empty move but most likely the start of another bullish move similar to what we saw from June 22 to July 12.
Three days ago, I talked about $SKI mentioning this descending trendline and a possible breakout soon. We already had a 50% move soon after that. If you have an existing position or even if are just looking to enter, this is a good buy zone. Instead of waiting for this to make a 5x move and then trying to exit, buy here because the structure most likely is about to flip and you may not get another chance to DCA in case you have an existing position.
LEAKED: $SKI up nearly 100% in the past 7 days - 2nd biggest gainer on Base right now.
SKI continues to build momentum, now showing +91.6% weekly growth, second only to $HYPER on Base.
Last week, we noticed a member of Congress buying a crypto meme coin called "Ski Mask Dog".
It has now risen over 100% since we posted this.
One week. 100%.
$SKI
There's more to SKI than a chart alone can reveal...and that’s often the case with smaller cap tokens. Fundamentals take precedence; the strength of the community, the team, and a credible roadmap are what really drive long term success within a coin.
SKI has been through significant volatility... an initial 98% drop post-launch, a 92% decline following the CTO / strong rally, then another 72% correction in April/May.
Despite these swings, the community has stayed resilient. Most projects would have collapsed...dead in the water, yet $SKI continues to survive and its community thrives. It's one of the few small caps that I bought in the last cycle that I still believe has a shot at recovery and beyond.
I've outlined key support and resistance levels for those considering accumulation or exit points, along with Fibonacci retracement levels.
Mask up.
we are the face of @base
we are about to show the world this
can’t fade it anymore @jessepollak@brian_armstrong@coinbase
the people want $SKI @Ski_CTO
I’ll make you all a deal, how many RT on this post for the listing? We will show you just what community is!