$SKL /USDT BULLISH LONG SETUP
Analysis:
SKL has delivered a strong rally from the 0.02762 low, breaking multiple resistance levels with heavy volume. The price is consolidating above 0.04968, indicating bullish accumulation before a potential push higher. A breakout above 0.05107 could open the way toward recent highs.
Entry: Long above 0.05107 after breakout confirmation
Targets:
TP1: 0.05300
TP2: 0.05357
TP3: 0.05600
Stop Loss: Below 0.04858
Risk Management: Risk only 2-3% of trading capital per trade and trail stop loss upward after TP1 to protect profits in a volatile move.
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