$SKL /USDT Bullish Reversal In Play

The market has bounced strongly off of the $0.03437 low. Buyers re-entered and are working price back toward resistance levels. We are seeing strength in the structure as momentum builds.

Key Levels

• Support: $0.0345 – $0.0355

• Resistance 1: $0.0380

• Resistance 2: $0.0416 (24H high / breakout level)

Trade Plan (Long)

• Entry Zone: $0.0368 – $0.0372 on healthy dips

• TP1: $0.0380

• TP2: $0.0395

• TP3: $0.0415

• SL: $0.0342 (below strong support)

Market View

As long as price stays above $0.0370, momentum is considered bullish. As price increases and breaks over $0.0416, we begin to open room for movement off the top pick continuation to higher levels. This could trigger another fresh leg to the upside.