$SKL /USDT TECHNICAL ANALYSIS – STRONG BULLISH MOMENTUM

The $SKL/USDT pair is experiencing a significant bullish surge, breaking above multiple resistance levels with high trading volume, signaling strong buyer interest. Key resistance zones to monitor are at 0.05091 and 0.05408, while support levels lie around 0.04829 and 0.04735. Momentum indicators suggest continuation of the upward trend in the short term.

Trade Setup:

Long Entry: 0.0495 – 0.0500

Target 1 (TP1): 0.0515

Target 2 (TP2): 0.0540

Stop Loss (SL): 0.0470

Risk Management:

Limit exposure to 2% of total capital per trade. Position sizing should account for SL distance and current market volatility. Stick to targets and avoid chasing price beyond key resistance.

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