【$SKR Signal】Long | Healthy Pullback After Volume Breakout

After completing a volume breakout on the 4-hour chart, the price is consolidating tightly above the previous high resistance zone. This is a typical bullish strong consolidation, not a top distribution.

🎯Direction: Long

🎯Entry: 0.0271 - 0.0275

🛑Stop Loss: 0.0255 $SKR Rigid stop loss, invalid if broken(

🚀Target 1: 0.0300

🚀Target 2: 0.0325

Hardcore Logic: The 4-hour candlestick chart shows three consecutive volume-driven bullish candles breaking through the previous consolidation range. The following two candles exhibit high volatility and high trading volume but the price refuses to deepen the correction, indicating that buyers are continuously absorbing selling pressure. Although the funding rate is negative, the strong upward movement suggests that bears are still resisting, fueling the short squeeze. The order book shows buy orders significantly thicker than sell orders, indicating solid support. The current price consolidating just above the breakout level is a healthy reset after a breakout, preparing for the next upward surge.

Trade 👇 )
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