🔥 $SKR Current Trend Bullish but approaching key resistance
1h chart shows a strong recovery from lows of 0.0162, with price currently testing the upper Bollinger Band.
Recent candles show consolidation near 0.0195-0.0197 resistance zone with relatively high volume, suggesting accumulation.
The 12.736% 24h gain indicates strong momentum, though the distance from 24h low (16.92%) suggests potential for pullback.
Price trading above all major MAs indicates strong upward momentum, though approaching overbought territory near MA5.
Entry long $SKR
• Ideal: Pullback to 0.0189-0.0192 (MA5/MA10 confluence zone)
• Aggressive: Break above 0.0199 resistance with volume
Stop Loss: 0.018 USDT based on support at MA10
Target Price $SKR : 0.0205 USDT
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Any break below 0.018 would invalidate the bullish thesis and suggest deeper correction toward 0.0175 support #skr #skrusdt #solanamobileseeker