$SKL
Price is stuck in a controlled downtrend, respecting descending resistance. Every push up is met with selling pressure, confirming distribution. No structural break has occurred yet.
EP: $0.00710 – $0.00720$
TP1: $0.00670$
TP2: $0.00635$
TP3: $0.00600$
SL: $0.00755$
Trend remains bearish with consistent lower highs.
Momentum shows exhaustion on the upside with no bullish follow-through.
Unfilled liquidity below supports favors continuation toward lower demand zones.
$SKL
#LayerZeroCEOAdmitsProtocolFailures #MorganStanleytoLaunchSpotCryptoTradingin2026 #GermanyConsidersNewCryptoTaxRules #BinanceLaunchesGoldvs.BTCTradingCompetition #IranDealHormuzOpen
Price is stuck in a controlled downtrend, respecting descending resistance. Every push up is met with selling pressure, confirming distribution. No structural break has occurred yet.
EP: $0.00710 – $0.00720$
TP1: $0.00670$
TP2: $0.00635$
TP3: $0.00600$
SL: $0.00755$
Trend remains bearish with consistent lower highs.
Momentum shows exhaustion on the upside with no bullish follow-through.
Unfilled liquidity below supports favors continuation toward lower demand zones.
$SKL
#LayerZeroCEOAdmitsProtocolFailures #MorganStanleytoLaunchSpotCryptoTradingin2026 #GermanyConsidersNewCryptoTaxRules #BinanceLaunchesGoldvs.BTCTradingCompetition #IranDealHormuzOpen
