$SKL /USDT Skyrockets: Will the Bulls Keep Charging or Bears Take Control? $SKL /USDT has surged to $0.0606 with a remarkable 13.42% daily gain, breaking past key resistance at $0.058. The RSI at 80 indicates the coin is in the overbought zone, raising the stakes for its next move.
Bullish Targets:
Target 1: $0.0620 – Momentum-driven breakout zone.
Target 2: $0.0650 – Bulls aiming for a new high.
Bearish Targets:
Target 1: $0.0580 – Initial support zone if profit-taking begins.
Target 2: $0.0550 – Deeper retracement area.
What’s Next?
The MACD’s bullish crossover reinforces upward momentum, but the overbought RSI warns of potential reversal risks. A close above $0.0620 could spark a rally, while failure to hold $0.058 might trigger a pullback.