$SKL - leaning SHORT (x20)
Entry: 0.00494 - 0.00495
SL: 0.00502 (-1.4%)
TP: 0.00487 - 0.00482 - 0.00475 (+1.5-4.0%)
Sell-side flow is still the majority of trades at 56%, and price remains pinned beneath its main averages. The lower timeframe trigger is the part worth trusting least here. A push back above 0.0049 would undercut the short case.
⚠️ Personal market insight, not investment advice. DYOR.
Keeping an eye on $RLC today.
Entry: 0.00494 - 0.00495
SL: 0.00502 (-1.4%)
TP: 0.00487 - 0.00482 - 0.00475 (+1.5-4.0%)
Sell-side flow is still the majority of trades at 56%, and price remains pinned beneath its main averages. The lower timeframe trigger is the part worth trusting least here. A push back above 0.0049 would undercut the short case.
⚠️ Personal market insight, not investment advice. DYOR.
Keeping an eye on $RLC today.