【$SKL Signal】Pullback to add long positions, short squeeze structure initially emerging

$SKL 1H timeframe consolidating at high levels, 4H moving averages crossing upward, channel opening. Negative funding rate -0.15% combined with stable open interest, short positions continue to be squeezed.

🎯Direction: Long

⚡Entry/Order: Staggered entries in the 0.00650 - 0.00667 range

🛑Stop-loss: 0.00640

🚀Target 1: 0.00773

🚀Target 2: 0.00827

🛡️Trade Management:
- Execution strategy: Reduce 50% of position after reaching Target 1, and move stop-loss to break-even. If price falls back into the entry zone, automatically exit to protect capital.

Order book depth shows heavy orders below the 0.00687 to 0.00685 zone, indicating clear support intent. The 1-hour MACD histogram is slightly weakening, but the 4-hour level remains above zero, indicating mid-term momentum is still intact. In this negative funding rate environment, prices rejecting deep corrections are often early signs of a short squeeze, with a risk-reward ratio over 4:1, worth trying.

Check real-time market 👇 $SKL
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL