SKL/USDT Analysis 🚀📉

On the higher timeframe, SKL has successfully broken above the key resistance zone around 0.02978, showing strong bullish momentum.

However, zooming into the 30-minute chart, we can see a sharp rejection from the 0.02860 area. This could be signaling a liquidity sweep — where price sweeps the recent highs to grab liquidity, and then potentially shifts direction.

If this scenario plays out, SKL might now target lower liquidity pools, with possible drawdowns toward 0.025xx or even deeper.

⚠️ Not financial advice — just a market observation. Always manage your risk.