is demonstrating strong bullish momentum with a 2.55% gain, trading firmly above all major moving averages (MA7, MA25, MA99). The price is approaching the 24-hour high with elevated volume, indicating sustained buying pressure. This structure suggests potential for continued upward movement in the Layer 1 sector.
Entry Zone
$0.01800 - $0.01820
TP1
$0.01860
TP2
$0.01900
TP3
$0.01940
Stop loss
$0.01765
Risk Management
Position size should account for Layer 1 token volatility. Stop loss must be placed below the MA(99) support level.
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trade here $SKL
SKLUSDT
Perp
0.01543
-8.53%
