Navindu_Dilhara

It's time to short now. Get a big profit

$SKL /USDT Short Trade Plan 🔥

Current Price: $0.04827

🔻 Short Setup:

Entry Zone: $0.04827 - $0.04900

Stop Loss: $0.05060 (3% risk buffer above resistance)

Targets:

🎯 Target 1: $0.04680

🎯 Target 2: $0.04520

🎯 Target 3: $0.04350

Key Levels:

Resistance: $0.04950 / $0.05060

Support: $0.04680 / $0.04350

Market Insight:

Price is consolidating below the $0.04950 resistance with a weak RSI on the 4H chart, signaling potential downside.

Volume profile shows declining interest near resistance, suggesting a potential rejection.

A clear break below $0.04680 could trigger a sharper sell-off to lower support zones.

Risk Management:

Position size carefully to maintain no more than 2-3% account risk.

Consider trailing stop loss after hitting Target 1 for a safer exit.

Pro Tip: Monitor BTC/USDT and overall market sentiment to confirm the bearish trend before entering.

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$SKL
{future}(SKLUSDT)
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