🔥 THE BOTTOM IS IN! 🔥
This weekly chart is EXACTLY what smart money looks for before accumulating!
SKL just printed 3 CONSECUTIVE GREEN WEEKLY CANDLES for the first time since November 2024! 📈
💎 MACRO REVERSAL SIGNALS:
Clear double bottom formation at $0.020 (STRONGEST support level)
Weekly RSI turning up from oversold territory
Increasing volume (104.02M) on green candles = ACCUMULATION PHASE
Three-week uptrend breaking the 6-month downtrend pattern
🚀 BITE PROTOCOL CATALYST:
The timing couldn't be more PERFECT! While the chart shows a technical reversal, Skale's BITE Protocol provides the fundamental catalyst that could send this FLYING! No other L1/L2 has solved the MEV extraction problem this elegantly!
🔮 WHAT THIS WEEKLY CHART TELLS US:
We've completed the "Smart Money Accumulation" phase
Major resistance at $0.035 (once broken, expect rapid moves to $0.05)
Previous bull cycle took SKL from $0.02 to $0.08 (+300%) in just 4 weeks (Nov-Dec 2024)
Current setup is IDENTICAL but with stronger fundamentals!
⏰ THE WINDOW IS CLOSING:
Weekly charts don't lie - whales have been quietly accumulating since March! Once we clear $0.03, expect FOMO to kick in and drive this to previous resistance at $0.08.
The weekly timeframe CONFIRMS what the technicals already told us - SKL is primed for a major move up with the BITE Protocol as the perfect catalyst!
Don't miss the chance to buy at these prices - they won't last! 💰🚀
#SKL #WeeklyAnalysis #BITEProtocol #CryptoGems
This weekly chart is EXACTLY what smart money looks for before accumulating!
SKL just printed 3 CONSECUTIVE GREEN WEEKLY CANDLES for the first time since November 2024! 📈💎 MACRO REVERSAL SIGNALS:
Clear double bottom formation at $0.020 (STRONGEST support level)
Weekly RSI turning up from oversold territory
Increasing volume (104.02M) on green candles = ACCUMULATION PHASE
Three-week uptrend breaking the 6-month downtrend pattern
🚀 BITE PROTOCOL CATALYST:
The timing couldn't be more PERFECT! While the chart shows a technical reversal, Skale's BITE Protocol provides the fundamental catalyst that could send this FLYING! No other L1/L2 has solved the MEV extraction problem this elegantly!
🔮 WHAT THIS WEEKLY CHART TELLS US:
We've completed the "Smart Money Accumulation" phase
Major resistance at $0.035 (once broken, expect rapid moves to $0.05)
Previous bull cycle took SKL from $0.02 to $0.08 (+300%) in just 4 weeks (Nov-Dec 2024)
Current setup is IDENTICAL but with stronger fundamentals!
⏰ THE WINDOW IS CLOSING:
Weekly charts don't lie - whales have been quietly accumulating since March! Once we clear $0.03, expect FOMO to kick in and drive this to previous resistance at $0.08.
The weekly timeframe CONFIRMS what the technicals already told us - SKL is primed for a major move up with the BITE Protocol as the perfect catalyst!
Don't miss the chance to buy at these prices - they won't last! 💰🚀
#SKL #WeeklyAnalysis #BITEProtocol #CryptoGems
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.