SKL USDT Descending channel

٣ فبراير ٢٠٢٢

SKL has bounced inside this descending channel for 6 weeks. Need to see a significant uplift in volume and/or a break in the RSI trendline to convincingly break out of the upper trendline. Even then, plenty of heavy resistance waiting above the channel.

Cheap entry price opportunities or a chance to DCA/ bring avg purchase prices down for those already invested longer term.