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【$SKR Signal】Short | Volume Breakout Downtrend
$SKR is experiencing a volume surge and a crash, with a daily decline of over 26%. Combined with high open interest, this is a typical forced liquidation sell-off rather than a healthy correction.
🎯 Direction: Short (Short)
🎯 Entry: 0.0305 - 0.0315
🛑 Stop Loss: 0.0335 ( Rigid stop loss, breaking this level invalidates the downward structure )
🚀 Target 1: 0.0270
🚀 Target 2: 0.0240
Price action indicates market sentiment has shifted to panic. Massive sell-offs accompanied by high open interest suggest that long leverage is being systematically cleared. No effective buying support has appeared, and downward momentum is strong. There is no clear support below the current price level, and shorting with the trend is the path of least resistance.
Trade 👇 $SKR
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