$SKL /USDT SHORT TRADE SIGNAL 🔴
SKL faced rejection near $0.0282 and is now pulling back to $0.0265, signaling a bearish reversal. Sellers are building pressure, and a deeper correction could follow if price fails to reclaim $0.0275.
Trade Setup:
Entry: $0.0265 – $0.0272
Target 1: $0.0255
Target 2: $0.0245
Target 3: $0.0230
Stop Loss: $0.0285
Key Levels:
Resistance: $0.0275 – $0.0285
Support: $0.0255 – $0.0230
Market Outlook:
Momentum is shifting bearish after rejection from recent highs. A breakdown below $0.0260 could accelerate selling pressure toward $0.023 levels. Bulls must reclaim $0.0285 to invalidate this short setup.