🚨 $SKL /USDT – Reclaiming Momentum or Topping Out? 🔥
$SKL has jumped +11.67%, climbing toward the $0.026 zone! With rising volume and bullish structure forming, can it sustain the uptrend—or will resistance strike back? Let’s break it down! 📉📈
📊 Market Overview
📍 Current Price: $0.02431
📈 24h High: $0.02605
❄️ 24h Low: $0.02111
📊 Parabolic SAR: Not listed, but price holding above all key MAs = trend momentum building
📈 Moving Averages:
MA(7): $0.02347
MA(25): $0.02289
MA(99): $0.02132
📉 MACD Momentum:
(MACD not provided—structure supports bullish crossover)
MACD likely positive – early bullish cycle active
Volume: 793.20M SKL / 19.00M USDT – strong demand surge in progress
📈 SKL Trade Setup – Key Levels to Watch
🔹 Bullish Scenario (If SKL Holds Above $0.0238):
Entry: Above $0.02450
Targets: $0.02605, $0.02646, $0.0280+
Stop-Loss: $0.02290
🔹 Bearish Scenario (If SKL Drops Below $0.0229):
Entry: Below $0.02290
Targets: $0.02110, $0.02000, $0.01886
Stop-Loss: $0.02450
🔍 Should You Hold or Sell?
✅ Price above all major MAs = strong upward momentum
✅ Volume spike confirms buyer strength
⚠️ If rejected at $0.02605–$0.02646, we could see a quick pullback to MA(25)
💡 Pro Tip:
🚀 Watch the $0.026 zone—a clean breakout with strong volume could trigger a move toward $0.028+
⚠️ Low volume or weak follow-through = potential fakeout setup
📢 Are you holding SKL into the breakout or waiting for a dip? Let’s discuss!
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