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【$SKR Signal】Long | Healthy Pullback After Explosive Breakout
After completing a V-shaped reversal and a volume surge breakout on the 4H timeframe, the price is consolidating at a high level below the previous resistance zone. The price action indicates healthy profit-taking and redistribution, rather than top-selling, with buying pressure continuously absorbing sell orders around 0.025. The funding rate turning negative provides an excellent emotional safety net for bulls, indicating that bears are still resisting, which is favorable for short squeeze continuation.
🎯 Direction: Long
🎯 Entry: 0.0258 - 0.0262
🛑 Stop Loss: 0.0241 $SKR Rigid stop loss, below the low of the previous 4H bullish candle (
🚀 Target 1: 0.0288
🚀 Target 2: 0.0315
Technical deep logic: The 4H chart shows a clear “volume breakout - pullback with decreasing volume” structure. The last massive bullish candle (2846M) body (0.0248) was not broken, indicating the main force’s cost zone is stable. The current pullback is less than 38.2%, indicating strong consolidation. The order book shows sparse sell orders with no heavy pressure above, facilitating light upward attack. Combined with the negative funding rate, the market structure favors bulls, and the pullback is an opportunity for ambush.
Trade here 👇 )
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