$SKL /USDT Trade Setup – High Risk Rebound Zone
SKL is trading at 0.00626 after a prolonged daily downtrend, printing a deep low at 0.00547. The structure remains bearish under major moving averages, but volume spikes suggest buyers are defending the current base. This is a controlled counter-trend bounce setup, not a blind hold. Precision matters here.
Entry Point (EP): 0.00610 – 0.00630
Take Profit (TP): 0.00690 / 0.00750
Stop Loss (SL): 0.00570
Plan: Accumulate near support only if price holds above 0.00600. A push through 0.00690 opens momentum toward 0.00750 liquidity zone. If 0.00570 breaks, the downtrend continues and exit without hesitation.
Manage risk. Trade the reaction, not emotions. Let’s go.
#BTCMiningDifficultyDrop #USIranStandoff #CPIWatch #BTCMiningDifficultyDrop #TrumpCanadaTariffsOverturned