📊 $SKUU Technical Analysis & Setup
$SKUU volume is seeing a 2.6x spike alongside a 2.8% dip, testing the broader downtrend momentum within a structured lower low framework.
• Key Support / Demand: $18.55 (swing low), $17.90, and $16.80
• Resistance / Supply Targets: $19.90–$20.70 order block zone
• Trigger / Confirmation: Bearish engulfing or M5/M15 market structure shift down following a liquidity sweep above $19.90
• Risk / Invalidation: A clean 1h close above $20.68 flips the trend and invalidates the short bias
• Market Execution: Monitor volume and open interest shifts carefully, utilizing strict risk management protocols during high volatility
DYOR — Educational setup, not financial advice.
#BinanceSquare #Crypto #SKUU #Trading
$SKUU volume is seeing a 2.6x spike alongside a 2.8% dip, testing the broader downtrend momentum within a structured lower low framework.
• Key Support / Demand: $18.55 (swing low), $17.90, and $16.80
• Resistance / Supply Targets: $19.90–$20.70 order block zone
• Trigger / Confirmation: Bearish engulfing or M5/M15 market structure shift down following a liquidity sweep above $19.90
• Risk / Invalidation: A clean 1h close above $20.68 flips the trend and invalidates the short bias
• Market Execution: Monitor volume and open interest shifts carefully, utilizing strict risk management protocols during high volatility
DYOR — Educational setup, not financial advice.
#BinanceSquare #Crypto #SKUU #Trading