$SKDD
SKDDUSDT Perpetual | Long Setup | 1H Structure
The 1H chart shows a clean staircase advance from the $6.220 low, with each pullback holding above the previous swing. Price broke through the $6.600 shelf, cleared $7.000, and tagged $7.500 before a small rejection. The pullback so far is shallow, which keeps the structure bullish and points to continuation after a brief pause.
EP (Entry Price): $7.200 to $7.280
TP1: $7.500
TP2: $7.800
TP3: $8.000
SL (Stop Loss): $6.880
Trend strength: The trend is strong and orderly, with consecutive higher highs and higher lows from $6.220 to $7.500. The $7.000 breakout level has been flipped into support, and buyers have defended every dip along the way.
Momentum and structure bias: Momentum is bullish, with large green candles on the breakout legs and only small, controlled red candles on pullbacks. The structure favors continuation while price holds above $7.000, and a close below $6.880 invalidates this setup.
Why price is likely to reach the targets: The $7.500 wick left unfilled liquidity above, and a clean break through it opens the path to $7.800 and the $8.000 round-number target. With the prior resistance zone now acting as support, the risk is defined and the upside is larger than the downside.
$SKDD
SKDDUSDT Perpetual | Long Setup | 1H Structure
The 1H chart shows a clean staircase advance from the $6.220 low, with each pullback holding above the previous swing. Price broke through the $6.600 shelf, cleared $7.000, and tagged $7.500 before a small rejection. The pullback so far is shallow, which keeps the structure bullish and points to continuation after a brief pause.
EP (Entry Price): $7.200 to $7.280
TP1: $7.500
TP2: $7.800
TP3: $8.000
SL (Stop Loss): $6.880
Trend strength: The trend is strong and orderly, with consecutive higher highs and higher lows from $6.220 to $7.500. The $7.000 breakout level has been flipped into support, and buyers have defended every dip along the way.
Momentum and structure bias: Momentum is bullish, with large green candles on the breakout legs and only small, controlled red candles on pullbacks. The structure favors continuation while price holds above $7.000, and a close below $6.880 invalidates this setup.
Why price is likely to reach the targets: The $7.500 wick left unfilled liquidity above, and a clean break through it opens the path to $7.800 and the $8.000 round-number target. With the prior resistance zone now acting as support, the risk is defined and the upside is larger than the downside.
$SKDD
