$SKL /USDT – Short Trade Opportunity
SKL has shown repeated rejections near the 0.0350–0.0352 zone on the 15-min chart, signaling weak momentum and potential downside continuation. With selling pressure persisting after intraday spikes, the structure favors a short entry toward lower support levels.
Entry: 0.03486
Target 1: 0.03450
Target 2: 0.03420
Target 3: 0.03380
Stop-Loss: 0.03516
Risk Management: Use 3–5% of capital only. Once Target 1 is achieved, shift SL to entry for a risk-free setup.
Pro Tip: Watch how price reacts around 0.03450; if volume accelerates, the decline may extend quickly to deeper supports.