$SKL TRAPPED SHORTS ARE ABOUT TO GET SQUEEZED 💥
Entry: 0.0053000 - 0.0055000 🔥
Target: 0.0060000 / 0.0065000 / 0.0070000 🚀
Stop Loss: 0.0049000 ⚠️
Funding is heavily negative meaning late shorts are paying to stay short while price sits near support. That setup usually ends with a violent move up as sell-side liquidity above the local highs gets taken out. Volume on the daily is drying up too which often precedes a squeeze.
Entry zone gives a clean risk-to-reward with the first target only 10-15% away. Are you holding any bags here?
Not financial advice. Always manage your risk.
#SKL #ShortSqueeze #LongSetup #Crypto 🔥