$SKL

/USDT is showing strong bullish resilience, trading at $0.04797 with a 3.12% gain after touching a 24h high of $0.05300. The coin has posted massive trading activity — 3.20B SKL in volume — confirming strong market participation. Price is consolidating just below resistance, with key support at $0.04011 holding firmly. This bullish structure, backed by consistent higher lows from $0.02557 to current levels, suggests buyers are in control. If momentum carries price above $0.05300, the next upside target sits near $0.05466, potentially unlocking a run toward $0.060 in the short term.

For traders, SKL presents both breakout and pullback opportunities. The breakout play would trigger on a solid close above $0.05300 with volume confirmation, targeting $0.05466 and $0.060. On the other hand, pullback entries near $0.04011 or the secondary support at $0.03284 could offer high-risk-reward setups for swing traders. A tight stop-loss just below $0.04000 can protect capital while capturing upside potential. With SKL’s sustained strength on Binance and a strong position among top gainers, traders can expect sharp price swings — perfect for active, short-term strategies.