$SKDD USDT Bulls Are Testing the Next Resistance
#SKDD is up 12.62% at 11.980, trading close to its 24h high of 12.076. A breakout above 12.08 could open a move toward 12.366 and 13.278. Rejection may bring a pullback toward 11.186 or 10.520.
Long Entry: 11.60–11.85 after confirmation
Stop Loss: 11.15
Targets: 12.08 / 12.37 / 13.00
I’d avoid chasing the spike and wait for a clean retest. SKDD is a leveraged inverse ETF-linked product, so volatility and sudden reversals can be significant.
Risk management is essential.
This is not financial advice; do your own research.
#SKDD is up 12.62% at 11.980, trading close to its 24h high of 12.076. A breakout above 12.08 could open a move toward 12.366 and 13.278. Rejection may bring a pullback toward 11.186 or 10.520.
Long Entry: 11.60–11.85 after confirmation
Stop Loss: 11.15
Targets: 12.08 / 12.37 / 13.00
I’d avoid chasing the spike and wait for a clean retest. SKDD is a leveraged inverse ETF-linked product, so volatility and sudden reversals can be significant.
Risk management is essential.
This is not financial advice; do your own research.