$SKL /USDT Bearish Reversal in Play! 🔻

$SKL exploded from $0.0213 to $0.0255 nearly +20% in no time. But now, signs of exhaustion are clear: long wicks, declining volume, and vertical structure breaking down. A retracement looks likely.

📉 Short Entry Zone: $0.02530 – $0.02560

🎯 TP1: $0.02390

🎯 TP2: $0.02260

🛑 Stop Loss: $0.02620

📊 Leverage: 10x | Risk: 2–3%

Market Insight:

After a vertical breakout, price tends to cool off. SKL is overextended — perfect opportunity for a quick, tactical short. Watch for rejection near entry zone and manage stops tightly.