$SKL Market Structure Bullish impulse from 0.00632
Short-term Minor corrective consolidation phase after recent spike
Price action Digesting recent high at 0.00787
Trend Structure still bullish, short-term momentum slightly bearish / cooling off
Current Price: 0.00703 – 0.00692
Pullback toward support before potential breakout above minor resistance
Support & Resistance
Immediate Resistance: 0.00740 – 0.00760
Major Resistance: 0.00787
Immediate Support: 0.00703-0.00692
Major Structure Bottom: 0.00632
Breakout Price closes above 0.00740
Entry Zone: 0.00740 – 0.00750
Stop Loss: 0.00685
Take Profit Targets
TP1: 0.00787
TP2: 0.00820
Pullback Entry Price retraces toward support zone near 0.00703 – 0.00692
Entry Zone: 0.00703 – 0.00692
Stop Loss: 0.00685
Take Profit Targets
TP1: 0.00740
TP2: 0.00787
TP3: 0.00820
Current Entry Wait for price reaction at EMA50 / previous support
Entry: 0.00703+
Stop Loss: 0.00685
Take Profit
TP1: 0.00740
TP2: 0.00787
TP3: 0.00820
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