Seeker Price Prediction: SKR Open Interest Explodes as September Breakout Looms
- SKR’s explosive rally now faces a crucial test around the $0.0244 support.
- Open interest surged ninefold, raising both breakout potential and liquidation risk.
- Weakening spot flows could challenge SKR’s rally despite strong technical momentum.
Seeker (SKR) has entered September with powerful momentum after a sharp rally pushed the token far above its key moving averages. SKR climbed 116.70% over the past 24 hours and gained 274.50% during the past week.
The surge lifted its price toward $0.0353 before traders locked in profits. Consequently, SKR now faces a critical test as bulls attempt to extend the breakout.
SKR Breakout Meets Profit-Taking
SKR traded near $0.02833 on August 31, with daily volume reaching about $306 million. The token now commands a market value near $197 million. However, the latest rally has also created conditions for sharp price swin…
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