$SKR Technical Overview
SKR has recently recorded a strong upward move of nearly +47%, followed by a healthy consolidation phase. After reaching a local high around 0.00000060, the price is now trading within a narrow range, indicating profit absorption rather than trend reversal.
📈 Trend Analysis:
The short-term trend remains neutral to slightly bullish, with price holding above key moving averages. This structure suggests that buyers are still defending higher levels.
📉 Momentum Indicators:
RSI (14) is hovering around the neutral zone (~52), showing no overbought conditions.
MACD remains flat near the zero line, signaling a pause in momentum and potential for the next directional move.
🧱 Key Levels:
Support: 0.00000043 – 0.00000038
Resistance: 0.00000052 – 0.00000060
A confirmed breakout above 0.00000060 could open the door for a new bullish continuation, while a loss of the main support may lead to a deeper but still technical pullback.
• As always, volatility remains high. Risk management is essential, and this analysis is not financial advice.
