🔻 $SKATE USDT – EACH RISE HATH A FALL (SHORT SETUP) 🔻

Despite a +12% pump earlier, $SKATE failed to hold gains above 0.060, and the price sharply retraced back to 0.05131. Momentum is weakening, and the structure now hints at a potential continuation to the downside.

📊 Trade Setup (Short)

Entry Zone: 0.05150 – 0.05250

TP1: 0.04850

TP2: 0.04550 (24h low vicinity)

Stop-Loss: Above 0.05560

📉 Market Outlook:

A clear rejection from the top with heavy wicks and declining volume. If bulls can't reclaim 0.053, this setup favors the bears riding the fading momentum.

#SKATE #SKATEUSDT #BearishSetup #CryptoShort #TrendReversal