$SKR had a quiet stumble around $0.01765, where a $1.5721K long liquidation slipped through without much drama. It’s the kind of move that doesn’t shake the chart, but it does shake assumptions. Someone expected price to hold steady, maybe drift higher, and instead got caught by a small but decisive pullback.
It’s like setting your phone on the edge of a table, thinking it’s safe, only to watch it slide off when the surface isn’t as flat as you thought. Long liquidations at this scale usually point to early entries and thin patience. The idea might be right, but the timing wasn’t forgiving.
This single event won’t define $SKR’s direction, yet it highlights how sensitive traders are at these levels. Is the market just clearing rushed positions, or signaling that caution still matters here?
#SKR #LongPressure #TradeTiming