Short-term trends are showing some bearish pressure, as the 7-period moving average stands at 0.987, while the longer-term moving averages (25-period and 99-period) remain slightly bullish above $1.00. .......
This suggests a consolidation phase, where the market could either rebound or break out in a more defined direction. With cautious sentiment and low volatility, traders are waiting for clearer signals.
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Stay updated with Binance as the SCR/USDT pair continues to evolve! ....