$SKL USDT BULLISH BREAKOUT STRUCTURE WITH MOMENTUM CONTINUATION
$SKL USDT has confirmed a strong bullish reversal after bouncing from the 0.0060 demand zone and breaking above short-term resistance. The 4H timeframe shows higher highs and higher lows, with expanding volume supporting the upward move. Price is consolidating just below the 0.0080 resistance, indicating potential continuation if buyers maintain pressure.
Bias: Bullish
Position: Long
Entry Zone: 0.00720 – 0.00750 (on pullback confirmation)
Targets:
TP1: 0.00796
TP2: 0.00830
TP3: 0.00880
Stop Loss: 0.00670
Holding above 0.00700 keeps bullish structure intact. A clean breakout above 0.00800 opens room toward the 0.00830 and 0.00880 liquidity zones.
Risk Management:
Risk only 1–2% per trade. Secure partial profits at TP1 and trail stop to breakeven. Avoid entering on extended candles and wait for confirmation.
#TechnicalAnalysis #CryptoTrading #SKLUSDT #AltcoinBreakout #PriceAction $SKL
