2026-01-19 15:21:49

SKALE Network's recent price action shows an interesting setup on the weekly chart. The token appears to be bouncing back from the lower boundary of a falling wedge pattern, which could signal a potential reversal. If this bounce holds, traders are watching for a possible move toward $0.30 as the next resistance level. The technical setup suggests potential upside, though market conditions should always be considered before making trading decisions.

SKL-1,63%

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0xOverleveraged

· 1h ago

Rebound after wedge decline? Sounds good, but I don't trust you at all.

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MetaEggplant

· 23h ago

Is SKL about to take off again? It feels like every time they talk about a reversal, it just keeps falling. But this time, the wedge shape really does look promising...

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RektButStillHere

· 23h ago

It's another falling wedge... How many times has this trick been played? Can 0.30 really break? To be honest, it's a bit uncertain.

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MeaninglessApe

· 01-19 15:46

It's the same old trick again, talking about wedge patterns, $0.30... I'm already tired of hearing it.

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blocksnark

· 01-19 15:45

Another chart analysis trying to harvest retail investors. Can $0.30 really be reached?

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FloorPriceNightmare

· 01-19 15:35

Landing wedge rebound? Can 0.3 really be reached... I'm still waiting for Bitcoin to stabilize, not too convinced about a rebound on the single chain.

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