šØš $SKL /USDT TECHNICAL ANALYSIS ā SURGE IN MOMENTUM! ššØ
SKALE Network (SKL) is currently trading at 0.03929, up +11.11%, indicating a strong upward movement. With the recent price jump, here are the key levels to watch for further potential developments:
š” KEY TARGET LEVELS TO WATCH:
šÆ First Target: 0.04058 ā The 24h high marks the immediate resistance. A breakout above this level would reinforce bullish momentum and could pave the way for further gains.
šÆ Second Target: 0.04500 ā If SKL continues its upward trend, this psychological level becomes a significant upside target, signaling increased buying pressure and a potential extension of the rally.
šÆ Third Target: 0.03521 ā The 24h low acts as strong support. A dip back to this level could indicate a consolidation phase or a pullback. Holding above this support will be critical for maintaining the current bullish outlook.
ā ļø TRADING TIP: Keep an eye on volume and candlestick patterns for signals of strength or weakness at these key levels. Watch for confirmation of breakouts or support holds to make informed trading decisions.
Stay sharp and trade carefully! šš
