🚨 $SKATE Bearish Flag Spotted – Breakdown Watch
After a sharp pump-and-dump, $
#SKATE is now consolidating inside a bearish flag on the 15-min chart — a typical setup for further downside continuation. ⚠️
🔸️Massive drop from ~$0.058 to ~$0.042
🔸️Price now moving inside an upward-sloping flag channel
🔸️Structure is holding below resistance near $0.0480 – 0.04950
📉 Key Levels:
Breakdown confirmation = below $0.04350
If that cracks, next targets sit at $0.0420, then $0.0390
Bullish invalidation = breakout above $0.0500