$SCRT $SCRT Here's a professional analysis of the $SCRT /USDT chart based on the most recent data:
{spot}(SCRTUSDT)
### **Support and Resistance Levels**
- **Support Levels**: The recent low of $0.1880 and the previous support at $0.1776.
- **Resistance Levels**: The recent high of $0.1985 and the moving averages (MA5: $3,251,588.1 and MA10: $3,012,373.5).
### **Entry Signal**
- **Buy Signal**: Watch for a breakout above the recent high of $0.1985, which could indicate a bullish trend continuation.
### **Stop Loss and Take Profit Levels**
- **Stop Loss**: Place a stop loss just below the recent low of $0.1880 to minimize potential losses.
- **Take Profit**: Set a take profit target around the next resistance level at $0.2398.
### **Additional Considerations**
- **Moving Averages**: The 5-day and 10-day moving averages are trending upwards, supporting a potential bullish move.
- **Volume**: Monitor trading volume; higher volume during a breakout can confirm the trend.
#CryptoAMA #16thBTCWhitePaperAnniv #GrayscaleXRPTrust #CryptoPreUSElection #Write2Earn!