Scalp $SKATE — Slight decline after a strong decline

$SKATE has just experienced a strong decline, selling pressure is still dominant. Price is trying to hold around support 0.00805 – 0.00790, but the recovery is weak. Resistance is near 0.00835 – 0.00855, strong rejection zone 0.00880 – 0.00900. No new momentum, traders sell on small recoveries, downward pressure is still present.

Trade type: Scalp Sell

Entry: 0.00817

TP1: 0.0077

TP2: 0.0075

SL: 0.0084

Close part of TP1 and monitor TP2 if selling pressure continues.

SKATE
SKATEUSDT
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