I didn't see the compulsory anywhere, that climb was obvious👊

$SKL Long Liquidation Is Deadly!

The market rage has claimed $2.4702K in SKL longs, crushing them at the critical $0.05148 level. Bullish optimism has turned into a nightmare as bears seize control with brutal precision.

What’s happening?

Bearish momentum: This liquidation is a clear sign of increasing bear pressure.

Weak support levels: Buyers have failed to defend crucial areas, leaving $SKL vulnerable to further declines.

Key levels to watch:
Immediate resistance: $0.05300
Critical support: $0.05000
Strategic insight:
This long liquidation could turn into even greater selling pressure, but smart traders know that these moments often lead to dramatic reversals.

Warning: If $0.05000 breaks, prepare for deeper losses. But a bounce could bring $0.05500 back into play.