SKYAI token rallied 15% over the past 24 hours, climbing from its $0.147 supprot zone to around $0.205 on June 5. The price jump came despite a 34% drop in trading volume, while exchange data showed a net outflow of roughly $1.84 million, hinting that holders may be moving tokens off‑exchange.

Exchange outflows of $1.84 million suggest accumulation

According to the source, SKYAI recorded a net outflow of about $1.84 million on June 5, extending a weeks‑long pattern of negative netflows. Such movements typically signal that investors are transferring assets to private wallets, reducing on‑exchange supply and potentially setting up a future squeeze. While outflows alone do not guarantee price gains, they reinforce a narrative of “smart money” positioning for a longer‑term upswing.

RSI crossover at 44.49 points to shifting momentum

The technical snapshot shows the Relative Strength Index rising to 44.49, crossing above its signal line for the first time in weeks. as the source notes, this bullish crossover indicates that mometum may be turning in buyers’ favor, even though the token remains below the key resistance level of $0.330.

Positive funding rate of 0.0168% backs bullish derivatives bets

Derivatives data revealed an OI‑weighted funding rate of 0.0168%, meaning long‑position holders are paying a small premium to stay exposed.. The report highlights that this positive rate, coupled with rising open interest, is a classic bullish signal , suggesting that leveraged traders are confident enough to maintain their positions.

Resistance at $0 .330 looms as the next decisive test

SKYAI has repeatedly stalled near $0.330 since February, and the source warns that a clean break above this level would confirm a trend reversal and open a path toward $0.400. Failure to breach the ceiling could push the token back toward its $0.147 support or lower, especially if volume fails to pick up.

Who will drive the next move? Volume and smart‑money activity

The lingering question is whether the low‑volume rally can attract broader participation. As the source points out, a rise in trading volume would validate the price gain and potentially draw sidelined capital, while continued thin activity may leave the rebound vulnerable to a swift pullback.