$SKL USDT BEARISH SHORT SETUP

SKL has seen a strong rally but is now facing resistance near the 0.0520–0.0600 zone. Momentum is weakening, and a breakdown below 0.0460 could trigger a deeper correction.

Short Entry: 0.0470 – 0.0480

Targets:

TP1: 0.04600

TP2: 0.04450

TP3: 0.04400

Stop Loss: 0.0520

Risk Management: Avoid oversized positions after high-volatility moves, keep risk under 2% of capital, and follow the stop loss strictly.