【$SKL Signal】Bullish breakout continues, 1H volume surge breaks prior high

$SKL 4H MACD histogram bars are widening, bid depth ratio 1.15, funding rate -0.62% deep negative. 1H Bollinger Bands upper band broken repeatedly, price holds above 0.0045. Current open interest stable, risk of shorts being squeezed intensifies.

🎯Direction: long

⚡Entry / Limit order: 0.0045064 - 0.0045200

🛑Stop loss: 0.0044748

🚀Target 1: 0.0045878

🚀Target 2: 0.0046217

🛡️Trade Management:
- Execution strategy: After reaching Target 1, reduce position by 50% and move stop loss to breakeven. If price falls back to entry, exit automatically to protect principal.

1H RSI hit 82 overbought zone, but 4H MACD remains bullish expanding, short-term correction probability low. Order book shows thin sell orders, with clear buy support intent. This structure of negative funding rate combined with rising price often triggers short squeezes.

View real-time quotes 👇 $SKL
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