$SKL /USDT SHORT TRADE SIGNAL 🔻
$SKL has printed a clear bearish reversal after testing resistance near $0.0233. The sharp rejection candle and lower high formation on the 1H chart signal exhaustion of the recent bullish bounce. Sellers are regaining control, and momentum is shifting toward the downside.
Trade Setup:
Entry: $0.02140 – $0.02160
Target 1: $0.02080
Target 2: $0.02020
Target 3: $0.01960
Stop Loss: $0.02250
Margin: 2–3% of wallet
Leverage: 10x
Market Outlook:
$SKL is facing rejection from its short-term resistance zone with weakening volume on up-moves. A breakdown below $0.0210 could accelerate bearish momentum toward $0.0195. Until bulls reclaim $0.0225, the bias remains short-term bearish.
