SKR is grinding lower around the 0.0185 region. The next break of the recent swing low could trigger a sharp move.
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๐ด
$SKR SHORT ๐
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๐ Entry Range: $0.019412 โ $0.019450
๐ Stop Loss: $0.020014 (-3.0%)
๐ฏ TP1: $0.019140 (+1.5%)
๐ TP2: $0.018459 (+5.0%)
โก R/R Ratio: 1:1.7
๐ Confidence: 64%
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The market structure turned bearish with a clear CHoCH as price ripped the 0.0183 swing high, and the CVD turned negative confirming the sell pressure. A fair value gap opened between 0.0186 and 0.0184, overlapping an order block that held earlier, creating a POI confluence. With that confluence in place, the short bias looks solid.
A 3.0% stop is relatively tight on this volatility, so a max of 5โ10ร leverage keeps risk manageable.
Take half profit at the first target around 0.0172 to lock in the early move.
Not financial advice โ always manage your own risk ๐
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