$SKL USDT ā SHORT SETUP š
SKL has posted a massive +63% rally today, topping at $0.05300 before facing strong rejection. Price is now pulling back toward $0.04890, with selling pressure building after the parabolic move.
š Trade Setup (Short)
Entry Zone: $0.04870 ā $0.04920
TP1: $0.04610
TP2: $0.04360
Stop Loss: Above $0.05060
š Outlook:
After such an extended pump, SKL is vulnerable to deeper corrections. Failure to reclaim $0.0506 could trigger a stronger sell-off toward lower supports.