📉 $SKL /USDT – Heavy Sell-Off but Testing Support
SKALE (SKL) is under pressure, trading at 0.03565, down -9.43% in the past 24h. After touching the day’s high of 0.04491, sellers dominated and dragged it to a 0.03465 low before a slight recovery.
Key Levels
Resistance: 0.03760 – 0.03870 (near-term selling zone)
Immediate Support: 0.03465 (24h low, must hold)
Major Support: 0.03380 – 0.03400 (deeper downside risk if broken)
Trade Setup
Entry Zone: 0.03550 – 0.03570 (current levels, early signs of bounce)
Target 1: 0.03700
Target 2: 0.03850
Stop Loss: Below 0.03450
⚡ Bottom Line: SKL faced strong rejection at 0.044+ and slipped nearly 10%. If bulls defend the 0.03465 floor, a short-term bounce toward 0.037 – 0.0385 is possible. But if that support cracks, expect further downside into the 0.033 area.
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