🚀 $SKL Breakout Could Be the Start of a Bigger Move
SKL has officially broken a major downtrend on the 3-day chart and traders are watching closely as Fibonacci projections point to higher targets. The rally is backed by a surge in trading volume, showing that bulls are stepping in with confidence.
📊 Key levels to watch
🔹 0.05082 — Immediate support. Holding here could fuel the next move higher.
🔹 0.06054 — First major resistance where price may pause or consolidate.
🔹 0.08315 — 0.618 Fibonacci level. A breakout here could open the way to 0.13887.
🟢 Bullish scenario
If SKL holds above 0.05082, upside targets include 0.06054, then 0.08315, with 0.13887 as a potential extension.
🔻 Bearish scenario
Dropping below 0.05082 could lead to a pullback toward 0.02981, weakening the bullish setup.
📈 Volume outlook
The spike in trading volume during the breakout supports the bullish case and hints at potential continuation.
#SKL #Write2Earn #CryptoTrading #BinanceSquare #Altcoins
SKL has officially broken a major downtrend on the 3-day chart and traders are watching closely as Fibonacci projections point to higher targets. The rally is backed by a surge in trading volume, showing that bulls are stepping in with confidence.
📊 Key levels to watch
🔹 0.05082 — Immediate support. Holding here could fuel the next move higher.
🔹 0.06054 — First major resistance where price may pause or consolidate.
🔹 0.08315 — 0.618 Fibonacci level. A breakout here could open the way to 0.13887.
🟢 Bullish scenario
If SKL holds above 0.05082, upside targets include 0.06054, then 0.08315, with 0.13887 as a potential extension.
🔻 Bearish scenario
Dropping below 0.05082 could lead to a pullback toward 0.02981, weakening the bullish setup.
📈 Volume outlook
The spike in trading volume during the breakout supports the bullish case and hints at potential continuation.
#SKL #Write2Earn #CryptoTrading #BinanceSquare #Altcoins
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SKL
0.03561
-10.25%