#BNBBhutanReserves 🚀 Siacoin ($SC

/USDT) Technical Analysis & Targets 🎯

📈 Current Price: $0.005895 (+4.61%)

🔹 24h High: $0.006136

🔹 24h Low: $0.005313

🔹 24h Volume: 1.26B SC (~$7.15M)

Technical Analysis

Siacoin is currently showing bullish momentum as it breaks above key moving averages:

MA(7): $0.005869 (short-term bullish confirmation)

MA(25): $0.005789 (strong support zone)

MA(99): $0.005581 (long-term uptrend intact)

The price action suggests increased buying interest, with the RSI nearing overbought territory but still offering room for further upside. Volume spikes indicate strong participation, signaling the potential for continuation.

🎯 Price Targets

1️⃣ Target 1: $0.006500

Based on recent resistance levels, this is the first checkpoint where profit-taking may occur.

2️⃣ Target 2: $0.007000

If the breakout sustains, this psychological resistance becomes achievable, marking significant gains.

3️⃣ Target 3: $0.007500

With continued bullish momentum and market support, SC could test this mid-term target.

Support Zones

Immediate Support: $0.005800

Strong Support: $0.005600 (aligned with MA(99))

💡 Note: As always, manage risk carefully, set stop-loss levels, and monitor market sentiment to adapt your strategy.

📊 #Binance #SCUSDT #CryptoTrading #TechnicalAnalysis