$SKR USDT — Short Setup
🔴 Direction: Short
Entry Zone: $0.00765 – $0.00775
Stop Loss: $0.00805
Take Profit Targets:
🎯 TP1: $0.00740
🎯 TP2: $0.00715
🎯 TP3: $0.00690
SKR is showing a potential bearish continuation setup after a long liquidation near $0.00770, indicating leveraged buyers were forced out. If price fails to reclaim this liquidation area, it may develop into short-term resistance and keep downside pressure active.
A rejection from $0.00765–$0.00775 with weak buying volume would strengthen the short thesis. The targets are positioned around potential lower support and liquidity zones.
⚠️ Invalidation: A sustained move above $0.00805 would cancel the setup and suggest buyers are regaining control.
Use controlled position sizing and wait for confirmation before entering.$SKR
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