$SKR crashing hard sell fast before big dump
Entry: 0.0256-0.0258
TP1: 0.0252
TP2: 0.0249
SL: 0.0264
Massive top rejection wick formed on 4h chart after reaching 0.0348 high level, followed by huge red selling candle. Long wick rejection combined with intense profit taking after massive rally indicates buyers are totally exhausted. Short setup is looking super clean for further drop towards lower support levels.
Entry: 0.0256-0.0258
TP1: 0.0252
TP2: 0.0249
SL: 0.0264
Massive top rejection wick formed on 4h chart after reaching 0.0348 high level, followed by huge red selling candle. Long wick rejection combined with intense profit taking after massive rally indicates buyers are totally exhausted. Short setup is looking super clean for further drop towards lower support levels.