$SKL is currently trading at $0.03129. In a spot trade, you buy or sell the actual asset directly, unlike derivatives or futures, meaning you own the token immediately upon purchase. Spot trading is ideal for long-term holding, swing trades, or taking advantage of immediate market opportunities.

For $SKL, key support is around $0.029, where buyers historically step in, while resistance lies near $0.034, where sellers tend to take profit. Entering near support increases the probability of a favorable risk-to-reward ratio.

A stop-loss can be set slightly below support, for example around $0.028, to limit potential losses if the market reverses. The entry zone is ideally between $0.030–$0.0315, capturing consolidation momentum.

Currently, the price sits mid-range, so traders may wait for a breakout above resistance or a pullback to support before entering. This approach aligns with disciplined spot trading, risk management, and trend-following strategies.