$SKATE ๐๐๐๐๐๐! ๐ข ๐๐๐๐ ๐๐๐!
โ๐๐๐ผ๐๐
โChart Analysis
โSKATE has experienced a massive crash and is now trading right at its 24H Low of 0.01307. The price is deeply oversold and trading far below all key EMAs. The MACD is at extreme lows (DIF: -0.00237), but the presence of the 24H Low and the steepness of the drop suggests a high-risk, high-reward relief bounce is imminent.
โTrade Direction: LONG (Counter-Trend Bounce)
โEntry Zone
โ0.01320 โ 0.01350 (Enter aggressively near the current price/24H Low)
โStop Loss (SL)
โ0.01250 (Invalidates the bounce if the 24H Low is decisively broken)
โTake Profit 1 (TP1)
โ0.01551 (Targeting the closest resistance, EMA(7))
โTake Profit 2 (TP2)
โ0.01926 (Targeting the next major resistance, EMA(25))
โ๐ Your Move?
โAre you taking this aggressive SKATE bounce from the low, or waiting for more base confirmation?
