$SKL /USDT – Short Trade Setup Alert ⚠️
SKL recently faced strong resistance at $0.02605, followed by a swift rejection — indicating a potential pullback as bullish momentum fades.
🔻 Short Entry Zone: $0.02310 – $0.02330
⛔ Stop Loss: $0.02400
🎯 Targets:
• TP1: $0.02200
• TP2: $0.02130
• TP3: $0.02060
Technical Insight:
This setup follows a sharp upward move now losing steam. With weakening buying pressure and a clear rejection at resistance, a retest of lower levels is likely. A breakdown below $0.02300 could trigger downside acceleration.
🔒 Risk Management is key to using stop-loss and size your positions wisely.