Here’s the technical analysis and trade signals for the $SCR /USDT pair with three target levels and trade momentum:
Current Price: $0.95
24h High: $0.958
24h Low: $0.843
Support Level: $0.843
Resistance Level: $0.958
The SCR/USDT pair has been showing an upward trend with a +7.83% increase in the last 24 hours. The price action is currently testing key resistance levels near $0.958. If it manages to break above this resistance, it may continue its bullish movement. The 24-hour trading volume indicates healthy market interest, supporting the potential for further movement.
Trade Signals
Buy Signal: If the price breaks $0.958, consider buying as the momentum shifts upwards.
Sell Signal: If the price falls below $0.843, consider selling or cutting losses.
Target Levels (3 Price Targets)
1. Target 1: $0.980 - This level is a minor resistance zone that could be reached if the price continues its bullish trend.
2. Target 2: $1.00 - Psychological resistance around the $1.00 level.
3. Target 3: $1.05 - A more extended target if the price sustains the bullish momentum beyond $1.00.
Trade Momentum
Bullish Momentum: The price has shown an upward shift, and the +7.83% increase in 24 hours indicates buying strength. Watch for a break above $0.958 to confirm this momentum.
Bearish Momentum: If the price dips below $0.843, it may indicate weakening momentum, and you should be cautious of potential further downside.