$SKL /USDT Market Insight – Bulls Regaining Control
$SKL has shown an impressive recovery, bouncing sharply from the 24h low of $0.02751 to test the $0.04226 zone. With a massive +39.92% gain and strong buying volume of 2.28B SKL, momentum is clearly shifting in favor of the bulls.
The asset recently tested the $0.04292 area but met minor resistance. However, consistent higher lows, bullish candles, and surging volume indicate that buyers are preparing for another upward leg.
If the $0.04292 breakout is confirmed with sustained volume, SKL could aim for $0.04500 and possibly extend toward $0.05000 in the short term.
Key Levels to Watch:
Immediate Resistance: $0.04292
Breakout Target 1: $0.04500
Breakout Target 2: $0.05000
Support Zone: $0.03700 – $0.03400
Conclusion:
The overall structure is leaning strongly bullish. A decisive close above $0.04292 could trigger the next rally phase. Traders should monitor price action closely and manage risk around support levels.