$SKL ignites with double-digit increase
The winner from layer 1 explodes - bulls target new highs
SKL shows true strength, trading at $0.03995 with a daily increase of +14.34%. After hitting a 24-hour low of $0.03410, the bulls pushed the price to challenge the high at $0.04172, supported by massive trading activity of 855 million SKL.
This explosion has shifted momentum in favor of buyers, with SKL reclaiming key levels and drawing attention as one of the top gainers in the layer 1 sector. If the bulls can maintain above the $0.040 mark, the path will open towards higher resistances, while failure to hold could lead to a new test near the support at $0.037.
Next trade setup
Entry: above $0.0405 explosion
Target 1: $0.0432 (short term)
Target 2: $0.0465 (medium term)
Stop loss: $0.0368 (below local support)
Momentum is rapidly increasing, and the chart indicates that SKL may be preparing for another rise.