$SKL Price is stabilizing at range support and showing early signs of a short term bullish reaction.

Trade Plan

Entry $0.00645 to $0.00655

Stop Loss $0.00620

TP1 $0.00680

TP2 $0.00710

TP3 $0.00750

Why this setup

SKL is holding above a well tested support zone around $0.00640 on the 1H timeframe. The recent sell-off lost momentum and price has started to form a higher low, indicating buyer interest at demand. Structure is still range bound, but the reaction from support favors a bounce toward the upper range resistance if buyers continue to defend this level.

Do you think SKL can push back to the range high or will it stay stuck in consolidation?

Buy and Trade $SKL

SKL
SKLUSDT
0.0063
-3.52%

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