📢 $SKL / USDT | 🔴 SHORT | ⭐ 77%

🎯 Target: $0.00367599. Will it reach it?

🎯 Trading levels:
🔴 Entry: $0.003773
🛑 Stop Loss: $0.0038269
🏁 TP1: $0.00367599
🏁 TP2: $0.00362209
🏁 TP3: $0.00355742

📈 Analysis:
The asset shows a clear bearish structure with lower highs and confirmed support breaks on the 4-hour timeframes. We observe a significant increase in trading volume, suggesting greater seller activity in the current market. The overall trend remains under selling pressure, supported by momentum indicators that signal price weakness.

⚖️ Risk/Reward: 1:1.8

⏱️ Timeframe: 15M

💭 A breakout occurs when the price forcefully crosses an important technical level, which often indicates a continuation of the prevailing trend.

#crypto #SKL #trading #Bearish

💡 This analysis is for educational purposes and does not constitute financial advice. Do your own research and make your decision calmly.