$SKL /USDT ā Strong Bullish Momentum! Can It Sustain? šš„
Skale Network (SKL) is currently trading at $0.06203, up +15.81%, after reaching a 24H high of $0.06453. The token saw a strong rally from a 24H low of $0.04867, indicating increased buying interest.
Key Levels to Watch:
š¹ Resistance: $0.06453 ā A breakout above this level could send SKL towards $0.06768 - $0.07200.
š¹ Support: $0.05603 ā Holding above this zone is crucial for further upside momentum.
Market Insights:
SKL has experienced a massive rally from $0.03990, showing strong bullish sentiment.
The pullback from $0.06635 suggests some profit-taking at higher levels.
If $0.06203 holds, another push towards $0.06453+ is likely.
A breakdown below $0.05603 may trigger further retracement towards $0.05022.
š” Traders should watch for consolidation and breakout confirmation before entering new positions!