🚨 $SKL : AFTER +41%, IS THE MARKET SETTING A NEW TRAP?
🔥 SKALE Network made a powerful surge from $0.00432 to $0.00611. But euphoria quickly gave way to profit-taking.
📊 WHAT DOES THE 4H CHART SHOW?
🟢 Price: $0.00503
🟢 Support: $0.00487–0.00469
🔴 Resistance: $0.00520–0.00540
🎯 Bulls’ target: $0.00580 → $0.00611
⚡ A SIGNAL THAT CANNOT BE IGNORED
MACD is losing momentum. RSI has returned to the neutral zone. Large buyers are not yet showing signs of a new breakout.
🐂 LONG SCENARIO: A close above $0.00540 would open the way to a retest of the high.
🐻 SHORT SCENARIO: Losing $0.00487 would increase the risk of a drop to $0.00469.
💬 The key question: Is $SKL gathering strength before a second impulse, or are the big players already unloading their positions?
#SKL #SKALE #BinanceSquare #altcoins #CryptoAnalysis
🔥 SKALE Network made a powerful surge from $0.00432 to $0.00611. But euphoria quickly gave way to profit-taking.
📊 WHAT DOES THE 4H CHART SHOW?
🟢 Price: $0.00503
🟢 Support: $0.00487–0.00469
🔴 Resistance: $0.00520–0.00540
🎯 Bulls’ target: $0.00580 → $0.00611
⚡ A SIGNAL THAT CANNOT BE IGNORED
MACD is losing momentum. RSI has returned to the neutral zone. Large buyers are not yet showing signs of a new breakout.
🐂 LONG SCENARIO: A close above $0.00540 would open the way to a retest of the high.
🐻 SHORT SCENARIO: Losing $0.00487 would increase the risk of a drop to $0.00469.
💬 The key question: Is $SKL gathering strength before a second impulse, or are the big players already unloading their positions?
#SKL #SKALE #BinanceSquare #altcoins #CryptoAnalysis