⚠️ $SKR is under heavy selling pressure, trading around 0.024012 and down 18.01%.
I’m not chasing a falling knife here. The better idea is to wait for sellers to slow down and look for a bounce from a controlled entry area.
📌 TRADE PLAN — LONG
Entry Zone: 0.0238 – 0.0242
Target 1: 0.0260
Target 2: 0.0280
Target 3: 0.0305
Stop Loss: 0.0225
Why this setup works:
A sharp -18% move can create a rebound opportunity if buyers step back in around the current zone. I’d want to see price stabilize before committing.
⚠️ Below 0.0225 = setup invalid.
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