๐จ $SKDD โ BIG SHORT SETUP ๐
$SKDD has reached the exact area where I wanted to see weakness โ and the rejection is finally showing. ๐
Iโm opening a BIG SHORT on $SKDD here.
๐ฏ TP: $6.59
๐ SL: $7.60
Why SHORT? ๐๐ป
๐ On the Daily chart, price pushed directly into the $7.35โ$7.50 resistance zone, but failed to break through cleanly and got rejected.
โฐ On the 1H chart, the same weakness is starting to appear. Buyers tried to keep the pump going, but momentum is fading after the rejection from resistance.
Thatโs why Iโm not chasing the green move here.
If the rejection continues, Iโm expecting SKDD to rotate back toward $6.60, where previous support and liquidity are sitting.
โ ๏ธ Manage risk and DYOR. Wait for confirmation before entering.
#SKDD #Crypto #trading
$SKDD has reached the exact area where I wanted to see weakness โ and the rejection is finally showing. ๐
Iโm opening a BIG SHORT on $SKDD here.
๐ฏ TP: $6.59
๐ SL: $7.60
Why SHORT? ๐๐ป
๐ On the Daily chart, price pushed directly into the $7.35โ$7.50 resistance zone, but failed to break through cleanly and got rejected.
โฐ On the 1H chart, the same weakness is starting to appear. Buyers tried to keep the pump going, but momentum is fading after the rejection from resistance.
Thatโs why Iโm not chasing the green move here.
If the rejection continues, Iโm expecting SKDD to rotate back toward $6.60, where previous support and liquidity are sitting.
โ ๏ธ Manage risk and DYOR. Wait for confirmation before entering.
#SKDD #Crypto #trading
