$SKL /USDT 4H Trade Setup

Market Insight:

$SKL has shown a modest bounce of +3.94% after hitting a 24h low at $0.02111. Price is currently below the SAR ($0.02598), indicating bearish pressure. However, MACD is close to flipping, with a shallow histogramโ€”momentum may be shifting.

๐Ÿ”น Entry Zone:

$0.02250 โ€“ $0.02310

(Price retracing near support and may offer low-risk entries before a potential breakout.)

๐ŸŽฏ Targets:

Target 1: $0.02400

Target 2: $0.02516

Target 3: $0.02605 (24h high)

๐Ÿ›‘ Stop Loss:

$0.02150

(Below local support and recent 24h low)

๐Ÿ“Š Key Levels:

Resistance: $0.02400 / $0.02516 / $0.02605

Support: $0.02168 / $0.02079 / $0.02052

Pivot Zone: ~$0.02301

๐Ÿ’ก Pro Tip:

A MACD bullish crossover is formingโ€”wait for confirmation via volume spike or a close above $0.0235. Be ready to trail stop if price closes above $0.02516.

#CPIWatch #BTCWhaleTracker #BTC120kVs125kToday #USCryptoWeek #MemecoinSentiment