$SKDD USDT Momentum Is Strong, But Watch the $12.20 Resistance
#SKDD is trading near 11.844, up 18.05%, and approaching the 12.204–12.504 resistance zone. I’d avoid chasing this sharp move and wait for a confirmed breakout or a clean pullback.
Entry Zone: 11.50–11.75
Stop Loss: 12.25
Targets: 11.00 / 10.50 / 9.87
A rejection near resistance could bring a pullback, while a sustained move above 12.504 would weaken this setup. Remember, SKDD is a leveraged inverse product, so its price can move sharply.
Risk management is essential. This is not financial advice; do your own research.
#SKDD is trading near 11.844, up 18.05%, and approaching the 12.204–12.504 resistance zone. I’d avoid chasing this sharp move and wait for a confirmed breakout or a clean pullback.
Entry Zone: 11.50–11.75
Stop Loss: 12.25
Targets: 11.00 / 10.50 / 9.87
A rejection near resistance could bring a pullback, while a sustained move above 12.504 would weaken this setup. Remember, SKDD is a leveraged inverse product, so its price can move sharply.
Risk management is essential. This is not financial advice; do your own research.