$SKL /USDT is showing bullish momentum with significant volume surge and RSI nearing overbought territory, signaling potential for further upside. Strong support at $0.0550 provides a safety net, while $0.0620 acts as an immediate resistance. Fundamentals, including improving market dominance and positive buy inflows, indicate growing interest. Traders should monitor volume consistency for sustained breakout. Conservative positioning with dynamic stop-loss adjustments is recommended for both short- and long-term gains.
Short-Term
Entry: $0.0575 - $0.0585 (near current consolidation zone).
Take Profit: $0.0620 - $0.0660 (short-term resistance levels).
Stop Loss: Below $0.0550 (strong support level).
Long-Term
Entry: $0.0560 - $0.0580 (on retracement).
Take Profit: $0.0720 - $0.0800 (historical resistance).
Stop Loss: Below $0.0500 (long-term support).