SKL: Trap placed with bullish intentions💪

💎 Paradisers, I am expecting that #SKL might trap buyers who entered based on the supportive trendline, given that the short-term trend remains bearish.

💎If #SKLUSDT displays a Change of Character (CHoCH) and Break of Structure (BOS) from the key level, then a bounce could be expected.

💎Should there be a breakdown of this key level without any bullish signals, we might then anticipate a bounce from the demand level. However, we'll need to watch for bullish signs before considering any positions.