🚀 Technical Analysis for $SCR /USDT 🚀
As we analyze the $SCR
/USDT trading pair, several key indicators point to a potential bullish trend. Currently, SCR is trading at 1.347 USDT, reflecting a significant 15.82% increase in the last 24 hours.
Key Levels to Watch:
1. Support Level at 1.150 USDT 🎯
This level has shown resilience, bouncing back during recent dips. A strong hold here could signal further upward momentum.
2. Resistance Target at 1.360 USDT 🎯
This is the recent 24-hour high. A break above this level could lead to increased buying pressure and push the price toward our next target.
3. Bullish Target at 1.940 USDT 🎯
If the momentum continues and SCR breaks through 1.360, the next significant target to watch would be 1.940. This level aligns with previous high price action and could attract more traders.
Indicators to Consider:
Volume: With a 24h trading volume of 10.16M USDT, market interest remains high.
SAR Indicator: Currently at 0.316, suggests potential upward movement.
In summary, SCR/USDT shows promising signs of growth. Traders should monitor the support and resistance levels closely as the market evolves.
Happy trading! 📈
#BTCUptober #BTCSurges67K #GrayscaleConsiders35Cryptos #WeAreAllSatoshi #10MTradersLeague