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🚀 $SKR USDT PERP BULLISH.
Strong impulsive breakout from the 0.006–0.008 base. Price exploded higher with massive volume expansion. Currently consolidating after the parabolic move. MA(7) is rising sharply and acting as dynamic support. Structure remains firmly bullish.
Entry Zone: 0.0294 – 0.0302
Stop Loss: 0.0278
Take Profit Targets:
TP1: 0.0325
TP2: 0.0345
TP3: 0.0368
Why This Setup?
SKR is in a powerful short-term uptrend after a massive breakout. The pullback from 0.034856 looks corrective rather than a trend reversal. As long as price holds above the 0.0290–0.0295 demand zone and the rising MA structure, the path of least resistance remains higher. Volume confirmation and multi-timeframe alignment support continuation.
Invalidation: Clean break and close below 0.0278 with volume would flip the bias short-term.
Trade responsibly. This is not financial advice. Manage risk properly and never risk more than you can afford to lose.
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