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SKLUSDT

SKL/USDT Significant Bounce, Ready for Break the Pattern ??💎 SKL has certainly piqued our interest. Currently, SKL is showing a notable bounce from a robust demand zone and is navigating within a descending channel. For SKL to confirm a bullish trajectory and continue its ascent, it needs to break free from this pattern. At the moment, SKL is on its way to challenge the resistance trendline of the descending channel. 💎 However, if SKL struggles to surpass this resistance and subsequently breaches its strong demand zone, it might be headed towards its key support level. 💎 On the flip side, if SKL successfully breaks out of the channel, it could smoothly sail toward the supply zone, potentially even reaching the bearish OB.
by MyCryptoParadise
Don't miss this SKL opportunity!SKL is pulling back to the resistance area after the downward CH and the clearing of 2 support areas and the formation of the liquidity pool at the bottom. This area is full of sell orders and sellers in this area will push the price down. Look for triggers and confirmations in this area and enter sell/short positions at your own discretion. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
Short
by behdark
2
SKLUSDT Ascending Journey with 40% Growth Potential. 💎 On June 10, #SKLUSDT discovered solid support at the 461.8% Fibonacci retracement level. Subsequently, the price embarked on a consistent uptrend, breaking free from the clutches of the downtrend trendline. This pivotal bullish breakthrough served as the initial signal for a potential upward movement, and it was followed by a bounce off the minor support at $0.025. 💎 As of now, #SKL is continuously ascending, navigating within the boundaries of the ascending channel. These noteworthy developments collectively increase the likelihood of further price escalation, potentially yielding a remarkable 40% growth for #SKL. The nearest supply zone is situated at $0.035, aligning harmoniously with the 261.8% Fibonacci retracement level and the 200 Exponential Moving Average. This confluence of factors reinforces the significance of the $0.035 price area as a critical target. 💎 While anticipating this strong upward wave, it is imperative to closely monitor the nearest support level. A decisive break below this level should be regarded as a bullish invalidation, hinting at the potential continuation of the descending trend. As astute Paradise Club members, it is vital to exercise caution and remain vigilant throughout the price journey. 💎 Stay informed and prepared, Paradisers, as MCP team is diligently tracking the price action, ready to seize potential opportunities. Keep an eye out for updates as we progress further into the journey of #SKL. 🌴
Long
by MyCryptoParadise
SKLUSDT on weekly support and may head for next resistanceThe price was rejected from monthly resistance MR1 and came back to weekly support WS1. It broke that support for a while but it seems that it is on way to claim it back. This definitely opens the way for the price to again aim for the monthly resistance MR1. If anything goes wrong with this plan and price loses the WS1 zone again then next support we should expect is daily support DS1 and further down the weekly support WS2. For short term I have another idea which I will share in a separate post.
by angela_altair
1