🔻 $SKL /USDT – Sellers Back in Control! ⚠️

After a sharp move up, $SKL got rejected hard from the $0.02605 resistance, signaling a potential short-term top. Price action is now leaning bearish with fading momentum and lower timeframe rejection wicks.

📊 Short Trade Setup:

• Entry Zone: $0.02280 – $0.02310

• Target 1 (TP1): $0.02200

• Target 2 (TP2): $0.02280 ✅

• Stop Loss (SL): $0.02400

⚡ Technical View:

Rejection from resistance aligns with bearish divergence and decreasing volume. A breakdown below $0.02300 confirms short-term downside.

🛡 Risk Note:

Above $0.02400 flips structure bullish again. Always manage risk and avoid chasing entries.

🔄 Strategy Breakdown:

We’re targeting a clean retracement play after a failed breakout attempt. Entry is positioned for a retest rejection, aiming to capture momentum toward the next support zone.

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