$SKL /USDT BEARS STRIKE AFTER SPIKE – CORRECTION IN MOTION ⚠️
SKL rallied to $0.0407 but failed to sustain momentum, now pulling back with lower highs forming on the 15m chart. Price has slipped below the 7MA, showing weakening bullish strength. If the $0.0382 zone fails to hold, further downside pressure may continue toward deeper supports.
Trade Setup (Short):
Entry Zone: $0.0380 – $0.0383
Take Profit 1: $0.0370
Take Profit 2: $0.0362
Take Profit 3: $0.0350
Stop Loss: Above $0.0398
Market Outlook:
Momentum is shifting in favor of sellers as profit-taking accelerates after the sharp rally. Breaking $0.0375 could invite a stronger decline toward $0.0360. Bulls need to reclaim $0.0395+ quickly to prevent deeper downside continuation.
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buy And trade here on $SKL