$SKL /USDT Market Analysis & Trade Strategy

Key Support & Resistance Levels

📌 Resistance Levels:

$0.02682 → Immediate resistance (24h high).

$0.02693 → Next major resistance level.

📌 Support Levels:

$0.02628 → MA(7), minor support.

$0.02614 → MA(25), key support.

$0.02583 → MA(99), long-term trend support.

$0.02512 - $0.02477 → Critical support zone.

Technical Indicators & Market Trend

✔ Moving Averages:

MA(7) at $0.02628 (short-term support).

MA(25) at $0.02614 (medium-term trend support).

MA(99) at $0.02583 (long-term trend support).

✔ Volume Analysis:

High trading volume suggests market activity is picking up.

Increasing volume at higher levels could signal a breakout attempt.

Trade Strategies – Bullish & Bearish Scenarios

📈 Bullish Trade Setup: (If price holds above support)

Entry: $0.02628 - $0.02639

Target 1: $0.02682 (24h high)

Target 2: $0.02693 (next resistance)

Target 3: $0.02750+ (if breakout confirmed)

Stop Loss: Below $0.02583

📉 Bearish Trade Setup: (If price fails to break resistance)

Entry: $0.02682 - $0.02693 (resistance rejection)

Target 1: $0.02639 (support retest)

Target 2: $0.02614 (MA25 key support)

Target 3: $0.02583 - $0.02512 (long-term support)

Stop Loss: Above $0.02700

Market Sentiment & Risk Management

✔ Bullish Above: $0.02682 (breakout level).

✔ Bearish Below: $0.02583 (trend reversal risk).

✔ Neutral Zone: $0.02614 - $0.02639 (waiting for confirmation).

Would you like additional indicators like RSI, MACD, or Fibonacci levels for confirmation?#SKL #SKL/ #SKLUSDT #Write2Earn #Write2Earn!