$SCRT

/USDT Technical Analysis & Trade Signal🚀🎯

Current Price: $0.6901

Momentum: Bullish

The price has broken out above the upper Bollinger Band, suggesting strong bullish momentum. The Parabolic SAR indicates an ongoing uptrend, supported by high trading volume.

Key Levels

Resistance Levels:

1. Target 1: $0.7100

2. Target 2: $0.7400

3. Target 3: $0.7800

Support Levels:

1. Immediate Support: $0.6800 (upper Bollinger Band close level)

2. Key Support: $0.6365 (Bollinger Middle Band)

3. Stop-Loss: $0.6280 (Parabolic SAR)

Trade Signal

Entry Point:

Enter on a pullback near $0.6800 to $0.6850, ensuring the bullish momentum continues.

Take-Profit Levels (🎯):

TP1: $0.7100

TP2: $0.7400

TP3: $0.7800

Stop-Loss:

Below $0.6280 to minimize downside risk.

Momentum Indicators

1. Volume Surge: Strong 24-hour volume indicates increased trader interest.

2. Bollinger Band Breakout: Signals overbought conditions but aligns with the trend.

3. SAR Position: Bullish, as it trails below the price.

Momentum Analysis:

Short-Term: Strong bullish pressure likely to test $0.7100.

Medium-Term: Consolidation above $0.7400 could trigger a run to $0.7800.

Caution: Watch for rejection at resistance zones or if the price closes below $0.6365.

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