MaherNajdawi

$SKR - The main scenario is to wait for manipulation above the maximum of the last swing (0.02775) with a return below the level to look for an entry point for a short. If confirmations appear, one can try a short with targets of 0.0267 and 0.0254. Stop-loss should be placed beyond the extreme of the manipulation (swing high).
- Alternative scenario: if the price sharply drops to the zones of 0.0254–0.0251 and forms a reversal pattern, look for an entry point for a long with targets of 0.0267 and 0.0275. Stop-loss should be below the swing low.
- My current priority is to look for a short after liquidity manipulation, as the candlestick structure very much resembles a stop hunt above 0.02775.
- If the price consolidates above 0.02775 with strong volume, the scenario is canceled and one can look for a long to new highs.
{future}(SKRUSDT)