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.
{future}(SKATEUSDT)