SKL/USDT 10× Long – Revisited Analysis
Entry Price: 0.03486 USDT
Latest Price (Last Price): 0.02955 USDT
Unrealized PNL: 180% (26.80 USDT)
Direction: Downtrend,
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Key Support & Resistance Capabilities
Strong support zone:
0.0241 USDT = the first major support; a fall below this may continue
Another support level at 0.025–0.027 USDT is needed for a market rebound
Resistance area:
0.0323 USDT = the first important resistance; closing above it may give an upward push
Next target: 0.0381 USDT
Intraday structure (24-hour):
Resistance: 0.03654 USDT
Support forming at 0.0325–0.0327 USDT
61.8% Fibonacci retracement near 0.0339 USDT
Short-term decay:
The price moved to 0.0304–0.0306 USDT after breaking support; now this is an important point for near-term stability
Fibonacci resistance: 0.0310 USD
Safe Entry & Exit Strategy
Long (Bounce Play)
Entry Zone: 0.0305–0.0320 USDT (on retest of support and consolidation)
Stop Loss: below 0.0290 USDT
Targets:
TP1: 0.0325–0.0330 (first resistance)
TP2: 0.0339 (61.8% fib)
TP3: 0.0365 (key intraday resistance)
Short (Breakdown Play)
Entry Zone: when price breaks below 0.0323 USDT (support)
Stop Loss: above 0.0330–0.0335 USDT
Targets:
0.0305 USDT (near-term support)
Then 0.0285–0.0270 USDT (further support zones)
#SKLUSDT #SupportResistance #FuturesStrategy
Entry Price: 0.03486 USDT
Latest Price (Last Price): 0.02955 USDT
Unrealized PNL: 180% (26.80 USDT)
Direction: Downtrend,
---
Key Support & Resistance Capabilities
Strong support zone:
0.0241 USDT = the first major support; a fall below this may continue
Another support level at 0.025–0.027 USDT is needed for a market rebound
Resistance area:
0.0323 USDT = the first important resistance; closing above it may give an upward push
Next target: 0.0381 USDT
Intraday structure (24-hour):
Resistance: 0.03654 USDT
Support forming at 0.0325–0.0327 USDT
61.8% Fibonacci retracement near 0.0339 USDT
Short-term decay:
The price moved to 0.0304–0.0306 USDT after breaking support; now this is an important point for near-term stability
Fibonacci resistance: 0.0310 USD
Safe Entry & Exit Strategy
Long (Bounce Play)
Entry Zone: 0.0305–0.0320 USDT (on retest of support and consolidation)
Stop Loss: below 0.0290 USDT
Targets:
TP1: 0.0325–0.0330 (first resistance)
TP2: 0.0339 (61.8% fib)
TP3: 0.0365 (key intraday resistance)
Short (Breakdown Play)
Entry Zone: when price breaks below 0.0323 USDT (support)
Stop Loss: above 0.0330–0.0335 USDT
Targets:
0.0305 USDT (near-term support)
Then 0.0285–0.0270 USDT (further support zones)
#SKLUSDT #SupportResistance #FuturesStrategy