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 territoryIncreasing volume (104.02M) on green candles = ACCUMULATION PHASEThree-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" phaseMajor 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