$SKL / USDT ā BEARISH RETEST UNDERWAY! š»
$SKL is currently testing the $0.02500ā$0.02510 zone after a short-term bounce. Price action on the 4H chart shows a lower high formation, signaling weakening bullish momentum. A rejection here could lead to a breakdown continuation.
š SHORT TRADE SETUP
ā¢ Entry Zone: $0.02490 ā $0.02510
ā¢ TP1: $0.02420
ā¢ TP2: $0.02360
ā¢ TP3: $0.02280
ā¢ Stop-Loss: Above $0.02530
If sellers maintain pressure below $0.02500, this may confirm a downtrend continuation toward recent support levels.
