Technical analysis by CryptoNuclear about Symbol SKL: Buy recommendation (9/13/2025)

Currently, SKL/USDT is trading around 0.0296 USDT, sitting right inside the historical demand zone (0.026 – 0.030) that has acted multiple times as a strong pivot. This area is a decision point: whether the bulls defend it or the bears break it will define the next major trend. --- 🔎 Structure & Price Pattern 1. Key Demand Zone (yellow box) Price is consolidating after a sharp rejection from the August spike. This zone reflects accumulation, where buyers are absorbing supply to prevent a deeper breakdown. 2. Sideways Consolidation Daily candles show small bodies with multiple wicks, signaling indecision. Such phases often precede a strong breakout move. 3. Layered Resistances (yellow dashed lines) Several resistances stand above the current level: 0.0373 – 0.0495 – 0.0617 – 0.0696 – 0.0798 – 0.0859. Each can serve as a profit-taking zone or temporary rejection point. 4. Liquidity Grab (August spike) The sharp August rally that quickly reversed looks like a liquidity sweep — stop orders above were taken before the retracement. Now, the retest of demand may set the base for a larger move. --- 🚀 Bullish Scenario Main trigger: Daily close above 0.03730 USDT → signals strength and opens the way higher. Targets: 0.0373 (+26%) → first breakout level. 0.0495 (+67%) → mid target. 0.0617 (+108%) → extended target. 0.0859 (+190%) → retest of previous swing high. Risk/Reward setup: Example — Entry at 0.0296, stop at 0.025 (−15.5%), target 0.0495 (+67%) → RR ~ 4.3 : 1. 📌 This scenario holds if demand remains intact and bullish candles form with strong volume. --- ⚠️ Bearish Scenario Main trigger: Daily close below the demand zone (0.026 – 0.030). Downside targets: 0.0190 (−36% from current price). 0.01579 (−46% from current price, previous major low). Breakdown would likely resume the bearish trend with deeper correction risk. 📌 This scenario becomes valid if buyers fail to defend the zone and strong selling pressure emerges. --- 🧠 Market Psychology Bulls are building a base at demand, trying to defend this key zone. Bears are still pressing, evident from repeated rejections at resistance. This is the “battlefield zone” — whichever side wins will dominate the coming weeks. --- 🎯 Conclusion 0.026 – 0.030 is the make-or-break zone. Breakout above 0.0373 → potential rally with >100% upside. Breakdown below demand → risk of decline to 0.019 – 0.01579. Best strategy: wait for a daily close confirmation before committing to a trade. --- #SKLUSDT #SKL #CryptoAnalysis #Altcoin #CryptoTrading #PriceAction #SupportResistance #TechnicalAnalysis