$SKDD
$SKDD at $11.581 - down 1.46%. Is the trap over?
Technical analysis:
$SKDD is at $11.581 after reaching a high of $11.975 and a low of $11.550, with 177K in volume. The chart shows a sharp selloff from $12.90 to a low of $10.20, followed by a rise to $12.90 on volume of 300K+, then a gradual decline on weakening volume = a correction.
The price is now range-bound between support at $11.550 and resistance at $11.672. The latest candle is down 0.21% on weak volume of 15.95K = calm before a big move.
Trading plan:
Buy: $11.550–$11.58
Stop: Close below $10.848
Targets: $12.00 > $12.50 > $12.90
Holding above $11.55 = bounce. Breaking below $10.848 = selloff.
#SKDD
#AMANDABELLA
#IRSPlansLowerTaxDisclosurePenaltiesForCryptoCases
#PepeJumps14%ToLeadAltcoinRebound
#DowDrops653Points
$SKDD at $11.581 - down 1.46%. Is the trap over?
Technical analysis:
$SKDD is at $11.581 after reaching a high of $11.975 and a low of $11.550, with 177K in volume. The chart shows a sharp selloff from $12.90 to a low of $10.20, followed by a rise to $12.90 on volume of 300K+, then a gradual decline on weakening volume = a correction.
The price is now range-bound between support at $11.550 and resistance at $11.672. The latest candle is down 0.21% on weak volume of 15.95K = calm before a big move.
Trading plan:
Buy: $11.550–$11.58
Stop: Close below $10.848
Targets: $12.00 > $12.50 > $12.90
Holding above $11.55 = bounce. Breaking below $10.848 = selloff.
#SKDD
#AMANDABELLA
#IRSPlansLowerTaxDisclosurePenaltiesForCryptoCases
#PepeJumps14%ToLeadAltcoinRebound
#DowDrops653Points