Is #SKR oversold enough for a bounce, or is the downtrend just getting started? 👀
SKR trades at $0.01227, testing support at $0.01218 inside a 1h downtrend with bearish EMA7/25 alignment. RSI sits near 22, deeply oversold, but MACD stays negative. A break lower opens $0.01190, while a sustained volume close above $0.01255 would challenge the bearish structure and open $0.01293.
Positioning is lopsided, with an L/S ratio near 0.15 and most shorts in profit, so squeeze potential exists even as sellers control flow.
A fake "SKR Claim" app was pulled from Solana Mobile's store within an hour, a reminder to guard your seed phrase. 🔒 Binance Launchpool campaigns remain active.
$SKR $SOL #CoinVahini #Solana #CryptoMarket #Launchpool
SKR trades at $0.01227, testing support at $0.01218 inside a 1h downtrend with bearish EMA7/25 alignment. RSI sits near 22, deeply oversold, but MACD stays negative. A break lower opens $0.01190, while a sustained volume close above $0.01255 would challenge the bearish structure and open $0.01293.
Positioning is lopsided, with an L/S ratio near 0.15 and most shorts in profit, so squeeze potential exists even as sellers control flow.
A fake "SKR Claim" app was pulled from Solana Mobile's store within an hour, a reminder to guard your seed phrase. 🔒 Binance Launchpool campaigns remain active.
$SKR $SOL #CoinVahini #Solana #CryptoMarket #Launchpool