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【$SKR Signal】Short + Volume Breakout
$SKR is experiencing a volume-driven sharp decline, with a daily drop of over 30%. Combined with high open interest, it shows typical features of long liquidation panic and main force distribution.
🎯 Direction: Short (Short)
🎯 Entry: 0.0325 - 0.0335
🛑 Stop Loss: 0.0355 ( Rigid stop loss, breaking this level invalidates the downward structure )
🚀 Target 1: 0.0280
🚀 Target 2: 0.0240
$SKR Price action indicates strong unilateral selling pressure. Sharp declines under high volume and high open interest usually mean an acceleration of the trend rather than its end. No effective buying absorption has been seen on the order book, and any rebounds on lower timeframes appear fragile and are quickly suppressed. Until clear bottom structures or volume-based reversal signals appear, trading with the trend is the least resistant path.
Trade here 👇 $SKR
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