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Technical Analysis: $SCRT

/USDT – A Promising Bullish Trend 🚀

The SCRT/USDT pair has been showing impressive growth, with a notable +13.39% rise in the past 24 hours. Here’s a breakdown of the current market conditions and some key price targets to watch for:

Current Price: $0.5325

24h High: $0.5925

24h Low: $0.4639

The technical indicators suggest that SCRT/USDT is in a bullish momentum, and there are three key price levels to monitor as potential targets 🎯:

1. Target 1: $0.5500 – A short-term resistance level that could act as a potential breakout point. A push above this level might drive further upward momentum.

2. Target 2: $0.6000 – This is a critical resistance area where the price could face significant selling pressure. A successful test of this level could indicate a continuation towards higher levels.

3. Target 3: $0.6500 – A longer-term target if the bullish trend holds. If SCRT can break past $0.6000, $0.6500 will be the next resistance level to focus on.

Support Levels:

Watch for any price action near the $0.5000 region, as this could act as a strong support zone in case of any pullbacks.

Volume Analysis:

The 24h volume has been substantial, with 54.96M SCRT traded, indicating strong market interest and potential continuation of the current bullish trend.

Keep an eye on these levels and adjust your strategy accordingly!

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