🔥 $SKL We enter and monitor
The price is holding above the 50 EMA on the 2-hour timeframe after retesting it. With bullish signals appearing on the lower timeframes, I see a chance of breaking out of the consolidation zone and moving higher.
📍 Entry: 0.00500 – 0.00507
🎯 TP1: 0.00525
🎯 TP2: 0.00550
🎯 TP3: 0.00600
🛑 Stop loss: A 2-hour candle close below 0.00485.
This is a quick trade idea; if the breakout is confirmed, we may see the rally extend. But if the move fails and support breaks, the scenario is invalidated.
$SKL 👀 👇
The price is holding above the 50 EMA on the 2-hour timeframe after retesting it. With bullish signals appearing on the lower timeframes, I see a chance of breaking out of the consolidation zone and moving higher.
📍 Entry: 0.00500 – 0.00507
🎯 TP1: 0.00525
🎯 TP2: 0.00550
🎯 TP3: 0.00600
🛑 Stop loss: A 2-hour candle close below 0.00485.
This is a quick trade idea; if the breakout is confirmed, we may see the rally extend. But if the move fails and support breaks, the scenario is invalidated.
$SKL 👀 👇