Seeker Price Prediction for September: Can $SKR Sustain Its Breakout?

Seeker ($SKR) entered September with strong momentum after a sharp rally lifted the token well above its key moving averages. $SKR rose 116.70% over 24 hours and gained 274.50% over the previous week.

The rally pushed Seeker’s price toward $0.0353 before traders began taking profits. As a result, $SKR now faces a critical test as buyers attempt to extend the breakout.

$SKR Breakout Faces Profit-Taking

$SKR traded near $0.02833 on August 31, while daily trading volume reached approximately $306 million. The token’s market capitalization is now close to $197 million. However, the rapid advance has also increased the risk of sharp price swings.

On the four-hour chart, $SKR made a decisive move from the $0.01 area toward $0.0353. The token subsequently pulled back toward $0.0274 as traders secured profits. Despite that decline, the broader price structure remains strongly bullish.

Seeker is also trading well above its 20-, 50-, and 100-period EMAs, which currently stand near $0.01634, $0.01213, and $0.01055, respectively. The underlying trend therefore continues to favor buyers unless $SKR loses its breakout support levels.

The DMI also remains bullish, with buying pressure exceeding selling pressure. Nevertheless, traders should expect increased volatility following such an aggressive rally.

Key Seeker Price Levels to Watch in September

Open Interest Signals Rising Speculation

Conditions in the derivatives market provide another important signal for Seeker’s September outlook. Open interest remained relatively stable throughout May and June before falling toward $6 million.

The metric then moved sideways between approximately $5 million and $7 million during July and August. That pattern changed significantly on August 31.

Open interest surged to $54.58 million as $SKR approached $0.024. The rapid increase suggests that traders opened substantially more leveraged positions.

Higher open interest can magnify both gains and losses. Therefore, $SKR may experience larger price movements if traders begin unwinding crowded positions.

Spot Flows Add a Warning Signal

Spot market flows present a more cautious outlook. $SKR recorded heavy outflows during the January and February decline, with some individual readings exceeding $6 million.

Flows largely stabilized from mid-February onward, with activity remaining close to neutral through much of March and August.

However, the latest reading showed an outflow of approximately $987,670 on August 31. This suggests renewed selling pressure as Seeker enters September.

Consequently, buyers will need strong spot demand to support another breakout. Without that demand, the token’s elevated leveraged positioning could make any correction more severe.

Technical Outlook for Seeker Price

Seeker’s key technical levels remain clearly defined heading into September.

Upside levels: $0.02919 and $0.03528 are the immediate resistance levels. A decisive move above $0.03528 could open the way toward fresh highs if bullish momentum continues to expand.

Downside levels: $0.02441 is the first major support, followed by $0.02105. A deeper support zone sits between $0.01770 and $0.01634, where the 20-day EMA offers additional technical backing.

Will Seeker Go Up?

Seeker’s September outlook depends largely on whether buyers can defend $0.02441 after the token’s explosive rally. A sustained recovery above $0.02919 would strengthen the bullish structure and bring $0.03528 back into focus.

At the same time, the increase in open interest to $54.58 million points to heavier speculative positioning and could amplify volatility. The latest spot outflow of approximately $987,670 also adds a cautionary signal.

For now, $SKR remains in a high-volatility breakout phase. Stronger spot demand and sustained momentum could support another move toward $0.03528 and beyond. Conversely, a loss of $0.02441 could trigger a deeper retracement toward $0.02105 and the $0.01770–$0.01634 support zone.