$SKR — I’m still watching the short, but I want the setup to be disciplined, not emotional.
The structure looks weak, and if the next bounce gets rejected at resistance, I’d expect sellers to pressure the lower levels again. I’m looking for a failed reclaim rather than chasing the dump.
Trade Plan:
Entry Zone: $0.0128–$0.0132
Target 1: $0.0120
Target 2: $0.0113
Target 3: $0.0105
Stop Loss: $0.0137
Why this setup works: the entry is based on resistance rejection and continuation of the bearish structure. If buyers cannot reclaim the entry zone and sellers take control again, the lower targets become possible.
If $SKR breaks and holds above $0.0137, I’m out. No confirmation, no trade. DYOR.
#ARBRises30%OnRobinhoodChainRevenue #Japan10YYieldHits3%FirstSince1996 #WTIOilRisesAsOpenInterestShrinks #EtherETFsExtendInflowStreakTo11Days #GoldFalls5.5%From3MonthHigh
The structure looks weak, and if the next bounce gets rejected at resistance, I’d expect sellers to pressure the lower levels again. I’m looking for a failed reclaim rather than chasing the dump.
Trade Plan:
Entry Zone: $0.0128–$0.0132
Target 1: $0.0120
Target 2: $0.0113
Target 3: $0.0105
Stop Loss: $0.0137
Why this setup works: the entry is based on resistance rejection and continuation of the bearish structure. If buyers cannot reclaim the entry zone and sellers take control again, the lower targets become possible.
If $SKR breaks and holds above $0.0137, I’m out. No confirmation, no trade. DYOR.
#ARBRises30%OnRobinhoodChainRevenue #Japan10YYieldHits3%FirstSince1996 #WTIOilRisesAsOpenInterestShrinks #EtherETFsExtendInflowStreakTo11Days #GoldFalls5.5%From3MonthHigh
