$SKL /USDT BULLISH BREAKOUT
Current Price: $0.01941 (+4.81%)
$SKL /USDT is showing bullish momentum after bouncing from $0.01827. Price is trading around key moving averages (MA7: 0.01938, MA25: 0.01935, MA99: 0.01939), indicating potential continuation of the upward trend.
Key Levels
Support: $0.01925, $0.01906, $0.01900
Resistance: $0.01950, $0.01975, $0.02000
Trade Setup (Long Entry)
Entry: $0.01938 – $0.01942
Take Profit (TP): $0.01950, $0.01975, $0.02000
Stop Loss (SL): $0.01900
Risk Management
Risk 2–3% per trade. Move SL to breakeven after TP1. Avoid overleveraging due to Layer 1 token volatility.
Summary:
$SKL/USDT is bullish. Holding above $0.01941 could push price toward $0.01975 – $0.02000 in the near term.
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