$SKL SKL support built in the 0.0034 zone is very solid; pulling to 0.0060 in a short time shows the main force isn’t hesitating. But the shorts have now pressed their line of defense near 0.00545. Long liquidations have been piled up pretty thick here, and once price moves close, it gets pushed down. For the longs to extend, they must break through 0.00545—otherwise it’s just repeated draining here.

The current price at 0.005433 is actually awkward: knife above, trap below.

There are only two trading directions: if price pulls back and holds in the 0.0049 to 0.0050 area, you can go long. Targets first at 0.00545; after a breakout then look at 0.0058. Put the stop loss at 0.0048. If price sells through 0.0048 on increased volume, then don’t try to bottom—wait for a rebound to the 0.0050 area and short there. Target 0.0045, with a stop loss at 0.00515. Liquidation intensity is still rising, but if the tempo is off, it’s easy to get hit on both ends—take it easy.
$SKL
#油轮关闭应答器霍尔木兹运输放缓