$SKR is quietly setting up while most traders are distracted. Liquidity is building, volatility is compressed, and a sharp expansion is likely once price leaves this zone.
Market Overview
$SKR is trading in a tight consolidation after a prolonged correction. Selling pressure is weakening and price is stabilizing above key demand. This structure often precedes a strong directional move. Volume confirmation will be critical for the next leg.
Key Support Zones
Primary support: 0.038 – strong accumulation area
Secondary support: 0.034 – last defensive zone for bulls
Invalidation: Below 0.031 with strong volume
Key Resistance Zones
Immediate resistance: 0.045
Major resistance: 0.052 – breakout and trend-shift level
Trade Setup
Long scenario
Entry: 0.038 – 0.040
Target 1: 0.045
Target 2: 0.052
Target 3: 0.060
Stop loss: 0.033
Short scenario
Entry: Rejection near 0.052 – 0.054
Target 1: 0.045
Target 2: 0.038
Stop loss: Above 0.056
Bias
Bullish while holding above 0.038
Bearish only if 0.034 fails decisively
is not moving randomly. This is preparation. Wait for confirmation, respect levels, and trade the breakout instead of guessing the direction.