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$SKL Flashes a Bearish MACD Crossover
$SKL/USDT has printed a bearish MACD crossover on the 30-minute timeframe, signaling that bullish momentum may be weakening as sellers begin to take control. If the crossover is confirmed with increasing selling volume, the pair could see additional short-term downside. Wait for price confirmation before entering a trade.
Trade Setup
Entry Zone: On a rejection from resistance or a confirmed breakdown below support.
Target 1: First intraday support.
Target 2: Previous swing low.
Target 3: Next major support zone.
Stop Loss: Above the latest swing high.
Trade with discipline, manage your risk carefully, and let the market confirm the next move.
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