SKL: Consider Buying Only on Weakness; Wait for Confirmation
You asked whether to buy SKL. I would not recommend an immediate aggressive buy without confirming on-chain activity, liquidity and recent news; SKL can be volatile and reacts to broader crypto market moves.
If you like the project’s fundamentals (team, roadmap, staking/tvl and adoption), I would consider accumulating on weakness or after a clear breakout with defined risk limits. Size positions small, use stop-losses, and avoid investing more than you can afford to lose.
Analysis
Recommendation
Watch SKL for a dip or a technical breakout and only buy on weakness with a clear stop-loss and small position size; otherwise wait for confirmation of sustained demand.
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.