$SKL / USDT – BEARISH RETEST UNDERWAY! 🔻
$SKL is currently testing the $0.02500–$0.02510 zone after a short-term bounce. Price action on the 4H chart shows a lower high formation, signaling weakening bullish momentum. A rejection here could lead to a breakdown continuation.
📉 SHORT TRADE SETUP
• Entry Zone: $0.02490 – $0.02510
• TP1: $0.02420
• TP2: $0.02360
• TP3: $0.02280
• Stop-Loss: Above $0.02530
If sellers maintain pressure below $0.02500, this may confirm a downtrend continuation toward recent support levels.