$SKL /USDT 4H Trade Setup

Market Insight:

$SKL has surged over 12.5% in the last 24 hours, reaching a high of $0.02605 before slightly retracing. Momentum is strong, though MACD is showing slight hesitation near the zero line, indicating potential consolidation before the next leg.

šŸ”¹ Entry Zone:

$0.02380 ā€“ $0.02430 (ideal re-entry on a dip)

šŸŽÆ Targets:

TP1: $0.02584

TP2: $0.02632

TP3: $0.02790 (extended rally target if momentum continues)

šŸ”» Stop Loss:

$0.02220 (below 4H support and prior accumulation)

šŸ”‘ Key Levels:

Support: $0.02284 / $0.02168

Resistance: $0.02584 / $0.02632

Pivot Level: $0.02412

šŸ’” Pro Tip:

If price breaks and closes a 4H candle above $0.02632 with volume confirmation, consider trailing your stop and targeting $0.02790+. MACD nearing a bullish crossover could fuel another push.

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