🚀$SKL SKL/USDT Surges 20.18% – High Volatility Ahead! 🚀
Current Price: $0.06718
24-Hour High: $0.07457
24-Hour Low: $0.05973
📈 Market Analysis:
SKL has rallied by over 20%, driven by significant volume. The price has retraced slightly after testing a resistance level at $0.07457, and support is currently holding at $0.06443. This consolidation phase could signal either a continuation of the uptrend or a deeper pullback.
💡 Trade Setup:
Entry Price: $0.06700
Take Profit Targets:
TP1: $0.06850
TP2: $0.07000
TP3: $0.07200
Stop Loss: $0.06400
⚠️ Key Insight:
The current momentum suggests SKL could retest resistance at $0.07457 if buying pressure sustains. However, monitor for a potential pullback if the price breaks below support at $0.06443. Tight risk management is advised due to heightened volatility.