🚨$SKR USDT PERP TECHNICAL ANALYSIS BULLISH BREAKOUT IN PROGRESS 🚀
$SKR USDT is showing strong bullish intent after defending its key demand zone and forming a higher-low structure, which signals accumulation by buyers 🟢. The market has absorbed selling pressure and is now gearing up for a trend continuation move.
The chart structure indicates price compression followed by expansion, suggesting an upcoming impulsive upside move 📈. As long as price holds above the major support region, bulls remain in control.
Targets (TP) 🎯
TP1: 0.04680
TP2: 0.05050
TP3: 0.05420
Stop Loss (SL) 🛑
SL: 0.03940 (below key support)
Risk Management ⚠️ Risk only a small portion of capital per trade, avoid over-leverage, and trail stop loss after TP1 to secure profits.
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