$SKL is currently trading at $0.02666, showing signs of consolidation after recent volatility. The strong support level is around $0.02580 – $0.02600, an area where buyers have consistently stepped in to defend the price. The immediate support zone sits between $0.02620 – $0.02630, which can serve as a potential entry point for short-term trades if it holds.

On the upside, the nearest resistance lies at $0.02720 – $0.02750. A clear breakout above this range could push the price toward $0.02810 and possibly $0.02880 if bullish momentum strengthens.

For risk management, a stop-loss can be placed near $0.02550, just below strong support, to protect against potential downside moves. While the chart suggests a gradual recovery attempt, traders should closely watch volume activity and Bitcoin’s price action, as both will heavily influence SKL’s short-term direction. A breakout with high volume would confirm bullish continuation.