๐จ $SKL /TRY โ Rally Just Starting or Nearing Exhaustion? ๐
$SKL is pushing higher in TRY terms, currently sitting at โบ0.993, gaining +4.86% in the last 24 hours. But is there more room to runโor is this a local top? Letโs break it down ๐
๐ Market Overview
๐ Current Price: โบ0.993
๐ 24h High: โบ0.993
โ๏ธ 24h Low: โบ0.920
๐ Volume (24h): 1.09M SKL / โบ1.05M
๐ Moving Averages:
โข MA(7): โบ0.977
โข MA(25): โบ0.953
โข MA(99): โบ0.939
๐ RSI(6): 77.18 (Overboughtโbe cautious!)
๐ SKL Trade Setup โ Key Levels to Watch
๐น Bullish Scenario (If SKL Holds Above โบ0.970):
โข Entry: Above โบ1.00
โข Targets: โบ1.05, โบ1.10, โบ1.20
โข Stop-Loss: โบ0.948
๐น Bearish Scenario (If SKL Drops Below โบ0.948):
โข Entry: Below โบ0.945
โข Targets: โบ0.90, โบ0.86
โข Stop-Loss: โบ1.00
๐ Should You Enter or Wait?
โ Price trending above all key MAs = strong bullish structure
โ ๏ธ RSI > 77 = overbought zoneโpossible short-term cooldown
โ High volume confirms strong interestโmomentum still active
๐ก Pro Tip:
๐ Wait for a minor dip to โบ0.970โโบ0.980 range before entering long
๐ If market-wide volatility hits, protect with tight stop-losses
๐ข Whatโs your game planโride the wave or secure profits? Drop your thoughts below! ๐
๐ฅ LIKE & SHARE for more in-depth altcoin trading setups! ๐