Seeker Surges 36% Amid Explosive Trading Volume, Shorts Bet Against Rally
Seeker (SKR) has made a significant surge in recent hours, climbing nearly 36% as trading volume skyrocketed to over 810%. This sudden increase in price and volume comes after weeks of bearish readings on the MACD line, which finally crossed above its signal. The histogram also flipped positive, indicating a shift in market sentiment.
The token's price rebounded from the $0.015 demand zone and cleared the descending channel that had framed its recent downtrend. As a result, open interest jumped 167.45% to $21.65M, indicating heavy leveraged participation alongside spot buying. The OI-Weighted Funding Rate sank to -0.7292%, showing traders doubled down on shorts even as spot buyers pushed price higher.
Analysts flagged $0.025 as the next resistance level for Seeker, with $0.020 being a crucial level that bulls must defend. A break below $0.020 risks unwinding the expanded leverage quickly. Seeker launched on January 21, 2026, via a Solana Mobile airdrop to Seeker phone owners.