Technical analysis by MT4-trader about Symbol SKL: Buy recommendation (5/9/2025)

🔥 THE BOTTOM IS IN! 🔥 This weekly chart is EXACTLY what smart money looks for before accumulating! SKL just printed 3 CONSECUTIVE GREEN WEEKLY CANDLES for the first time since November 2024! 📈 💎 MACRO REVERSAL SIGNALS: Clear double bottom formation at $0.020 (STRONGEST support level) Weekly RSI turning up from oversold territory Increasing volume (104.02M) on green candles = ACCUMULATION PHASE Three-week uptrend breaking the 6-month downtrend pattern 🚀 BITE PROTOCOL CATALYST: The timing couldn't be more PERFECT! While the chart shows a technical reversal, Skale's BITE Protocol provides the fundamental catalyst that could send this FLYING! No other L1/L2 has solved the MEV extraction problem this elegantly! 🔮 WHAT THIS WEEKLY CHART TELLS US: We've completed the "Smart Money Accumulation" phase Major resistance at $0.035 (once broken, expect rapid moves to $0.05) Previous bull cycle took SKL from $0.02 to $0.08 (+300%) in just 4 weeks (Nov-Dec 2024) Current setup is IDENTICAL but with stronger fundamentals! ⏰ THE WINDOW IS CLOSING: Weekly charts don't lie - whales have been quietly accumulating since March! Once we clear $0.03, expect FOMO to kick in and drive this to previous resistance at $0.08. The weekly timeframe CONFIRMS what the technicals already told us - SKL is primed for a major move up with the BITE Protocol as the perfect catalyst! Don't miss the chance to buy at these prices - they won't last! 💰🚀 #SKL #WeeklyAnalysis #BITEProtocol #CryptoGems