$SKL /USDT – Short Trade Setup
$SKL has shown an aggressive rally in recent sessions but is now encountering clear resistance near the $0.0494 level, with bearish pressure emerging on the 15m chart. The structure indicates a potential pullback toward the lower support zone, supported by declining bullish momentum and increased selling volume.
Entry: 0.04460
Target 1: 0.04050
Target 2: 0.03680
Target 3: 0.03277
Stop-Loss: 0.04940
Risk Management: Allocate 3–5% of your portfolio to this trade. Move stop-loss to entry once Target 1 is achieved to secure profits.
Pro Tip: Watch for a break below 0.0440 with strong sell volume as a confirmation for deeper downside movement.
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