【$SKR Signal】Long + 1H Breakout and Retest Confirmation

$SKR The 1H timeframe has experienced a significant rally and is currently consolidating at a high level. The current price is oscillating near the intraday high, with strong buy order depth accumulating at key support levels, indicating a strong willingness to defend the market. Although the 4H trend is still unclear, the strong consolidation on the 1H chart provides an excellent opportunity for short-term entries.

🎯 Direction: Long

⚡ Entry/Order: 0.027058 - 0.027331

🛑 Stop Loss: 0.026650

🚀 Target 1: 0.028000

🚀 Target 2: 0.029000

🛡️ Trading Management:

- Execution Strategy: After the price hits Target 1, reduce the position by 50% and immediately move the stop loss to the entry price. The remaining position will be managed with a trailing stop to aim for higher targets. If the price retraces to the lower end of the entry zone, exit all positions.

Depth Logic: This coin has experienced a large intraday increase, but the open interest remains stable. It is not simply a short squeeze but appears to involve sustained institutional buying. Market data shows a dense support wall of buy orders below 0.02732, while sell pressure is relatively dispersed. Coupled with an extremely high negative funding rate, short positions face significant cost pressure, which can easily trigger a short squeeze. The current price is retesting the optimized entry zone, representing a low-risk entry point.

View real-time market 👇 $SKR

---

Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
‍#我在Gate广场过新年 #2月非农意外负增长