$SKL

/USDT

Market Insight:

Current Price: 0.02953 USDT

24h Range: 0.02821 – 0.02977 USDT

24h Change: +3.07%

Volume: 111.28M SKL (3.22M USDT)

Price is showing moderate bullish momentum, approaching the 24h high.

Key Moving Averages:

MA(5): 4,610,714

MA(10): 6,364,356

Observation: Current volume above MA(5) but below MA(10) suggests short-term buying pressure but potential consolidation.

Support & Resistance:

Support Levels: 0.02916, 0.02882, 0.02848, 0.02821, 0.02813

Resistance Levels: 0.02977, 0.02985

Pivot Zone: Around 0.02940–0.02950

Entry Zone:

Ideal Buy Range: 0.02910 – 0.02940 USDT (near support and pivot zone)

Targets:

Target 1: 0.02977 USDT (24h high)

Target 2: 0.02985 USDT (minor resistance)

Target 3: 0.0302–0.0305 USDT (next psychological level)

Stop Loss:

Suggested Stop: 0.02850 USDT (below key support)

Pro Tip:

Watch for volume spikes near 0.02977–0.02985, which could signal a breakout.

Avoid chasing above 0.02985 without confirmation, as profit-taking may occur.

If price holds above 0.02950 with rising volume, momentum could push toward the next psychological level (~0.0305).

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