$SKL /USDT — SKALE Network

Current Price: $0.00614
Open: $0.00603
High: $0.00618
Low: $0.00603
Change: +1.82%
Range: 2.48%

Moving Averages:

MA(7): 0.00633 — price is low, bearish signal
MA(25): 0.00683 — price is quite low
MA(99): even higher

Volume:

$SKL
Volume: 20.35 Million
USDT Volume: 124.4K — volume is relatively low

Technical Analysis:
Looking at the chart, it seems SKL is in a downtrend — price is below all three moving averages. There was a slight recovery today (+1.82%) but the overall trend still looks bearish. Support level is around 0.00584.
#chartpattern