SKL/USDT Overview💰💸💲
Current Price: $0.0821, reflecting a +12.50% increase in the past 24 hours.
24h High: $0.08592
24h Low: $0.07282
24h Trading Volume:🚀
SKL: 273.02 million
USDT: 21.78 million
Moving Averages (MA):🎯
MA(7): $0.08016
MA(25): $0.07894
MA(99): $0.07070
Market Depth and Trading Overview:💰
SKL (Skale Network) has shown notable growth in the last 24 hours, climbing by 12.5%.
The price is close to its recent high of $0.08592, suggesting the potential for further upward movement if the bullish momentum continues.
Support and Resistance Levels:💸
Support: $0.07282 (24h low)
Resistance: $0.08592 (24h high)
Trading Strategy:💲
1. Entry Point: If the price retraces towards $0.0800 or stabilizes near $0.0821, it could present an attractive entry point.
2. Target: Look for a potential breakout above $0.08592 for further price movement.
3. Stop-Loss: To manage risk, consider setting a stop-loss around $0.0750.
Conclusion:💥
SKL/USDT is experiencing strong price action with a 12.5% rise. Investors could watch for either a continuation above $0.08592 or a retracement back to lower support levels for entry opportunities. Keep an eye on trading volumes, as high volumes are supporting the upward trend.
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