It is time to SKALE ⤴️

Hello TradingView Family / Fellow Traders,

📉 After a 130% surge, SKLUSDT has entered a correction phase and is currently trading within the descending blue channel.

🏹 SKL is presently approaching a robust demand zone highlighted in green. Therefore, as the price approaches this zone, we will be seeking trend-following buy setups on lower timeframes.

📈 For the bulls to assume control and initiate the next upward impulse movement, a breakout above the blue channel is required.

Meanwhile, an expected movement towards the demand zone is anticipated.

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Richard Nasr