$SKR USDT PERP — Market Overview
Gradual bullish expansion unfolding after a prolonged compression phase around the 0.0228–0.0233 accumulation base. Price transitioned into a steady staircase climb, printing higher highs and higher lows before tapping the 0.0262 liquidity cap.
The rejection from highs remains corrective, not structural. Current pullback is stabilizing above the 0.0242–0.0245 support shelf — a fresh demand zone formed post-breakout. Volume contraction during the retrace signals cooling momentum rather than aggressive selling pressure.
Trend Context
As long as price holds above 0.0239, the bullish framework remains intact. Consolidation beneath 0.026 suggests re-accumulation before a continuation attempt.
Trade Plan
EP: 0.0242 – 0.0249
TP: 0.0269 – 0.0284 – 0.0302
SL: 0.0233
Pro Insight
A decisive break and hold above 0.0262 unlocks momentum toward the 0.028+ liquidity pocket. Loss of 0.0233 would invalidate short-term bullish structure and expose price to deeper retracement — until then, dips remain buy-favored within the prevailing trend.
