$SKL /USDT short trade signal 🛑 🚦

BEARS REJECT BREAKOUT, EYEING DEEPER PULLBACK

SKL faced strong rejection at the 0.04900 supply zone, triggering selling pressure as price slips back under short-term resistance. If bearish momentum sustains, the pair could slide toward lower support zones before finding relief.

Trade Setup (Short):

Entry Zone: 0.04590 – 0.04550

Take Profit 1: 0.04350

Take Profit 2: 0.04016

Stop Loss: 0.04917

Market Outlook:

The 15m chart shows sellers aggressively defending the overhead zone, flipping previous demand into resistance. Momentum has shifted in favor of the bears, with order book sell-side pressure outweighing bids. A clean break below 0.04450 could accelerate the drop toward the 0.040 support area.

#SKL #CryptoTrading #USDT #FuturesTrading #PriceAction

buy and trade here on $SKL