⚠️ $SKL BEARISH BREAKDOWN IN PLAY ⚠️
$SKL is under heavy selling pressure, dropping nearly -15% intraday, with bears forcing price to fresh lows at 0.03410. Momentum is weak, and failure to hold above support may open doors for deeper downside. Traders should stay sharp—volatility is at peak.
Trade Setup:
Entry Zone: 0.03400 – 0.03450
Targets: 0.03350, 0.03280, 0.03200
Stop Loss: 0.03520
Market Outlook:
The broader trend still favors sellers in the short-term, but sharp rebounds may occur due to oversold conditions. Watch for breakdown continuation if price closes below 0.03400.