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$SKL 📉 The script remains the same
The drop is still continuing—no change to the script! Don’t get tricked by a small rebound into standing guard.
Just like before, global tech stocks are still deleveraging. SKL’s technical indicators are still leaning bearish, with 16 indicators pointing to sell. A short-term bounce can happen, but a rebound is essentially delivering ammunition to the shorts.
A shrinking-volume, sluggish slide is even scarier than a high-volume crash. With no one to take the position, the price can only slowly drift downward. Add in the rapid surge driven by the AI narrative earlier—you’ve accumulated a large stack of profit-taking positions.
When it rises fast, the pullback will hit even harder.
Don’t get it with altcoins? Come find A-ge. The right direction matters ten thousand times more than blindly charging into the market. 💰📈