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I shared this here with you. I don't know if you took this position, but really, if you didn't, you missed out. Let's see what level we're at. $SKR #TrumpWithdrawsEUTariffThreats #JoinGateTradFitoWinGoldPack
#GateSquare
General context (4H TF)
Main trend: UPWARD
The price made a very strong impulse (+40%+), indicating powerful momentum
We are currently in a high price zone, close to a local top
Therefore: market in extension, not in a “key” zone to buy indiscriminately.
📈 Market structure
Sequence of Higher High / Higher Low → bullish structure intact
The last candle shows a partial rejection after a big rise
➜ possible pause / consolidation or correction
Fibonacci analysis (very important here)
Fibonacci is well placed, we see that the key zones:
0.236 ≈ $54 – $56
Current zone
Decision zone (either continuation or rejection)
0.382 ≈ $44
First healthy retracement zone
Good level for re-accumulation
0.5 ≈ $36
Psychological zone
Often strongly defended in a strong trend
0.61 ≈ $28
“Golden” zone
Excellent buy the dip level if a deep correction occurs
🟦 Liquidity zones ($22/$18)
🔵 High zone (≈ $58 – $60
Profit-taking zone
Plenty of liquidity
High risk of fake breakout
Buy here = FOMO
🔵 Low zone (≈ $18 – $22)
Major demand zone
Old accumulation
Logical target in case of violent correction
📉 Possible scenarios
✅ Scenario 1: Bullish consolidation (the healthiest)
Price ranges between $52 – $58
Then a clean breakout above $60
Target: continuation towards $65 – $70
👉 To trade on pullback, not on blind breakout
Scenario 2: Technical correction (likely after +40%)
Rejection below the high zone
Gradual descent towards:
$44
then $36
As long as $28 holds, the trend remains bullish
This is a normal pullback, not a reversal
Scenario 3: Distribution + dump
Multiple rejections at the top
Clear break below $36
Heading towards the $18 – $22 zone
👉 Here, we are talking about short-term cycle end
Smart strategy
❌ Do not buy spot now
✅ Wait:
either a pullback to $44 / $36 / $22
or a clean consolidation + confirmed breakout
Take profits in stages if already in position
Key lesson
> The best trades are made on retracement, not on excitement.
Leverage effect X5
Between Shorting with your confirmations $60
SL $70 / TP1 $38 / TP2 $22 $SKR #JoinGateTradFitoWinGoldPack #GateSquare