$SKATE /USDT LONG TRADE SETUP ⛸️
Based on the 15-minute chart, $SKATE is showing potential signs of a short-term bottom formation and reversal. The price has stabilised after a steep decline, consolidating near the $0.00784 low. We are seeing green candles step in, suggesting buyers are attempting to defend this key support level, which could lead to a quick scalp back towards the recent resistance zones.
Target Points
TP1: $0.008400 (First minor resistance level)
TP2: $0.008800 (Near the recent consolidation high)
TP3: $0.009200 (A potential backtest of the breakdown level)
Stop Loss
Set stop loss below $0.007750 (Just below the 24h low of $0.00784) to limit downside risk.
Current Price (Approx): $0.00804
Buy and Trade $SKATE
here!
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