$SKL is currently trading at $0.04057 on the spot market, meaning it can be bought or sold immediately at this price without using leverage. Spot trading is a direct exchange of SKL for USD, USDT, or other cryptocurrencies, making it a simple and low-risk way to participate in the market.

Key technical levels help guide trading decisions: resistance, where selling pressure may appear, is likely around $0.043–$0.044, while support, where buying interest could stabilize the price, is near $0.039–$0.0395. Watching these levels allows traders to anticipate potential breakouts or reversals.

Short-term price swings between support and resistance typically range 3–5%, depending on market volatility. Spot trading carries less risk than margin trading since there’s no liquidation.

Using stop-loss orders just below support can protect capital, while entries near support and exits near resistance help optimize trade outcomes. Spot trading is ideal for long-term accumulation or tactical short-term trades.