#🔥 Analysis and reading of #SKR/USDT price action 🔥
The $SKR coin is moving in an excellent ascending channel on the 15-minute timeframe and is currently undergoing a slight correction after reaching its daily peak of 0.016123.
📊 Current technical data:
▪ Current price: 0.015752
▪ 24-hour high: 0.016123
▪ 24-hour low: 0.014141
▪ Daily change: +10.36%
💡 Technical outlook and rebound opportunity:
The price holding above the support line represented by the MA25 average (at 0.01562) offers a strong opportunity to rebuild upward momentum and break through the next resistance.
🎯 Expected targets:
1️⃣ First target: 0.01600
2️⃣ Second target: 0.01612 (retest of the peak)
3️⃣ Third target: 0.01640
🛑 Stop-loss (SL): 0.01530 (a candle close below support levels)
⚠️ Warning: Always follow strict risk management and avoid using high leverage.
#Crypto #BinanceSquare #SKR #Trading #TechnicalAnalysis $SKR
The $SKR coin is moving in an excellent ascending channel on the 15-minute timeframe and is currently undergoing a slight correction after reaching its daily peak of 0.016123.
📊 Current technical data:
▪ Current price: 0.015752
▪ 24-hour high: 0.016123
▪ 24-hour low: 0.014141
▪ Daily change: +10.36%
💡 Technical outlook and rebound opportunity:
The price holding above the support line represented by the MA25 average (at 0.01562) offers a strong opportunity to rebuild upward momentum and break through the next resistance.
🎯 Expected targets:
1️⃣ First target: 0.01600
2️⃣ Second target: 0.01612 (retest of the peak)
3️⃣ Third target: 0.01640
🛑 Stop-loss (SL): 0.01530 (a candle close below support levels)
⚠️ Warning: Always follow strict risk management and avoid using high leverage.
#Crypto #BinanceSquare #SKR #Trading #TechnicalAnalysis $SKR