🚨 **SKL/USDT Perp Update – Real-Time (~$0.0216, ▲ +4.20%)**
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📰 News & Fundamentals
SKALE Network continues expanding strategically. On July 26, testnet operations migrated from Holesky to the new Hoodi environment to support the upcoming Ethereum deprecation. The network also introduced FAIR, a MEV-resistant Layer‑1 blockchain, and launched its $2M Indie Game Accelerator in June. These milestones reinforce SKL’s utility in gaming, AI, and DeFi sectors.
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📈 Technicals & Entry Zones (Based on TradingView/Binance data – M15, H1, H4)
SKL is rebounding from a cycle low near $0.0162, climbing back toward resistance around $0.0235. Volume and price action suggest cautious buying momentum, though volatility remains high. Momentum indicators on H4 remain neutral with potential bullish bias if support holds.
Support: $0.0200 → $0.0194
Resistance: $0.0220 → $0.0235
Trade Setups:
Long Entry: $0.0205–$0.0210 retest → TP: $0.0220 → SL: $0.0194
Short Entry: Failure to reclaim above $0.0220 → TP: $0.0200 → SL: $0.0225
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🧠 Smart Money / Whale Activity
No major whale activity observed. On-chain data shows minimal large-holder inflows or outflows, indicating low institutional participation—most volume seems retail-driven.
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🎯 Sentiment: Neutral → Slightly Bullish
Fundamentals remain solid, but price action lacks clear momentum. A confirmed break above $0.0220–$0.0235 on strong volume would validate bullish bias. Failure to hold current support may lead to deeper consolidation near $0.0194.
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#SKALE #SKLUSDT #BlockchainScaling
