$SKL faced rejection from the 0.0286 high and slipped back, showing weakness after the sharp spike. Price is now consolidating near 0.0255, and bears may try to drag it lower if support breaks.

Trade Setup (Bearish)

Entry Zone: 0.0253 – 0.0257

Targets:

🎯 TP1: 0.0248

🎯 TP2: 0.0242

🎯 TP3: 0.0235

Stop Loss: Above 0.0265

If $SKL fails to reclaim bullish momentum above resistance, sellers could maintain pressure and push for deeper downside.