【$SKL Signal】Pullback to add long positions, main force's bottom support clearly indicated

$SKL After a surge on the 1H timeframe, a pullback occurs with strong buying depth, and the order wall below 0.0070 is very thick. The 4-hour MACD shows a golden cross with healthy momentum, but a slight bearish divergence appears on the 1-hour chart, indicating a healthy pullback is needed to digest short-term profit-taking.

🎯Direction: Long

⚡Entry/Order Placement: Batching in the 0.00669 - 0.00687 range

🛑Stop Loss: 0.00650

🚀Target 1: 0.00833

🚀Target 2: 0.00906

🛡️Trade Management:
- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to break-even. If the price falls back into the entry zone, exit automatically to protect capital.

Order book data shows that buy orders from 0.0070 to 0.0069 far exceed sell orders, fully exposing the capital support intention. Position size remains stable, and a negative funding rate indicates a risk of short squeeze. Once the price stabilizes, a short squeeze could start at any time. The 1-hour Bollinger middle band at 0.0070 coincides with a dense buy zone, forming a clear defensive position.

View real-time market 👇 $SKL
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