Skale (SKL) size reached more than 100 % in the past week, with the last 24 hours alone 44 %. The distinctive symbol is currently trading near the $ 0.039 mark after testing higher levels for a short period.
While this explosive step has attracted the attention of merchants chasing momentum, few indicators on the series and technology indicate that the gathering may face a rapid slowdown or unification in the upcoming sessions.
I wake up sleeping coins: a height often precedes retreat
We study the age range that has been spent because it indicates how long long coins begin to move; This usually happens after sharp gatherings, and is often the result of profit. During the last session, this scale increased from 33.36 million to 173.62 million SKL (about 5.2 x, or about 420 %).
In July, the smaller local summits (around 15 July, July 24, and July 29) followed the declines of SKALE prices in subsequent sessions. When a large mass of sleeping coins moves suddenly, this means that the supply usually returns to the market; Historically, the opposite winds for the continuation of the assembly.
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Vartering whales while the exchange supplies rises
We link the behavior of the soil with the exchange balances to see if it is likely that the “transferred coins” will meet immediate liquidity.
The SKL group has reduced 10 million – 100 million (the swinging whales) from 3.27 billion to 3.14 billion SKL – reduced 130 million SKL (4 %). At the same time, Excination reserves increased by 2.44 % to 1.90 billion SKL, which means that approximately 45.3 million SKL flowed on exchanges within 24 hours.
Completely, create whales that illuminate and more coins that sit on the background exchanges for sale. Even if some whale movements are an internal reorganization, the clear image is the supply available immediately from yesterday.
As mentioned on the graph, this regiment has previously threw SKL supplies, which are in line with price declines.
SKL Prices Brick: Sufficient Raple Covered near $ 0.042
The context of the price is more important when the signals turn. On the daily chart, the SKL price is pressed on the top of the upward expansion whiff – a pattern often solved with temporary stop or regaining unless the price is not closed over the upper rail ($ 0.042) and carries.
If buyers fail to impose outbreaks, the nearby levels to see are $ 0.036, then $ 0.033 and $ 0.030 (Fibonacci signs from the current leg). A deeper correction can be searched for $ 0.027 – $ 0.023. Note that if the SKL price is the highest new, the FIB marks will change. The current setting takes only Swing Low (0.018) and the latest swing is high ($ 0.042).
Why are you tending to style now? Since the top of the spoiled interferes with the increased activity and supply of fresh exchange, three separate lenses indicate the short -term fatigue.
A strong SKL price exceeds $ 0.042 with follow -up would deviate the preparation of the immediate bear and open the room towards higher moves. The chain may also be pressed if the sleeping height is cool, the accumulation of whales re -accumulates, and the balances decline.
POST 3 decreased standards threaten the expansion of the SKL rate for the first time on Beincrypto.
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2025-08-14 19:00:00
