🚨 $SKDD REJECTS $8.00 RESISTANCE AS SELLER VOLUMES THREATEN A DEEP RETRACEMENT! 📉
Entry: 7.80 - 7.85 ⚡
Target: 7.65 - 7.30 🎯
Stop Loss: 8.15 ⚠️
Buyers just slammed into a heavy supply block above $8.00, and the aggressive rejection candles are signaling aggressive seller absorption. 📊 A sustained breakdown below the 7.80 level opens up clear runway for a deeper retracement toward nearby demand blocks. 📉
📌 Downside momentum is accelerating as trapped buyers begin to unwind their positions. 💡 Watching order flow around the initial support levels to gauge buy-side defense. 💬 Are you playing the short breakdown here or waiting for lower bids? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #SKDD #ShortSetup #Crypto #Bearish #Trading
📉 ⚡
Entry: 7.80 - 7.85 ⚡
Target: 7.65 - 7.30 🎯
Stop Loss: 8.15 ⚠️
Buyers just slammed into a heavy supply block above $8.00, and the aggressive rejection candles are signaling aggressive seller absorption. 📊 A sustained breakdown below the 7.80 level opens up clear runway for a deeper retracement toward nearby demand blocks. 📉
📌 Downside momentum is accelerating as trapped buyers begin to unwind their positions. 💡 Watching order flow around the initial support levels to gauge buy-side defense. 💬 Are you playing the short breakdown here or waiting for lower bids? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #SKDD #ShortSetup #Crypto #Bearish #Trading
📉 ⚡