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WANUSDT

SKLUSDT plunges 7% intraminute — expect further downside

I see a sudden dump in SKLUSDT: the price fell 7.11% from 0.047 to 0.04366 in about 114 seconds.

There was a short-term volume spike (3m: 6.32M vs 24h: 1.67B, 3m/24h: 1.8), which confirms a rapid sell-off and negative momentum.

I would avoid buying into this move and prefer selling or waiting for clear stabilization and lower volatility before re-entering.

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Analysis

The intraminute 7% decline with elevated 3-minute volume indicates aggressive selling pressure and short-term bearish momentum. The 3m/24h ratio (~1.8) shows the move is notable but not a full-market ...

Recommendation

I recommend selling or avoiding new long positions now; wait for consolidation above known support or a clear reversal signal before adding exposure, and use stops if you remain invested.

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.

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