๐จ$SKR looking weak after a sharp drop๐Watch for more downside.๐ฌ
Price is showing strong weakness after a -12% drop.
We are currently sitting below key resistance around 0.038โ0.040.
๐ด What Iโm seeing:
Repeated rejection from the 0.05โ0.055 zone (marked above)
Lower highs + weak bounce = bearish structure
Liquidity likely resting below 0.035
๐ Possible Scenario:
If price fails to reclaim 0.038โ0.040, we could see a move toward
โก๏ธ 0.032 โ 0.030 support zone
๐ข Bullish only if:
Strong reclaim and hold above 0.040
Volume confirmation
โ ๏ธ Reminder:
Donโt chase pumps. Let price confirm direction.
๐ฌ Question for you:
Are you waiting for a bounce or shorting the rejection?


SKRUSDT
Perp
0.023777
-18.76%