š„ $SKATE Plunges: Critical Levels Ahead! š
$SKATE has experienced a significant downturn, slicing through previous supports and currently testing new lows. The immediate outlook remains pressured.
š¢ Long Scenario: A high-risk, counter-trend bounce might be considered (spot only, no leverage) if $SKATE can firmly reclaim the 0.040 USDT level and show sustained buying interest. Potential target could be the 0.043-0.045 USDT resistance zone. Patience and confirmation are key.
š“ Short Scenario: Continuing the prevailing trend, a short setup (leverage with extreme caution) could trigger if the price fails to overcome resistance around 0.038 USDT, or more decisively, if it breaks below the current support near 0.035 USDT. Downside targets might extend towards 0.032 USDT or even 0.030 USDT.
Vigilant risk management is crucial in these volatile conditions.
NFA/DYOR.
