$SCRT / USDT On the Move! Quick Gains Ahead!🎁
Current Price: $0.531224H Change: -4.87%
Technical Analysis (4H Chart)
The $SCRT / USDT pair has seen a decline after testing resistance near the $0.56 level. The price is now hovering around $0.5312, showing bearish momentum with a series of lower highs and lower lows on the 4-hour timeframe.
Key Levels to Watch
1️⃣ Support Zone: Immediate support lies at $0.5300. A break below this level could open the doors to further downside towards $0.50.
2️⃣ Resistance Zone: The resistance to break is at $0.56-$0.57. Bulls need to reclaim this area to regain control.
Market Sentiment
Bearish Indicators: The consistent rejections at higher levels and the decline in price suggest selling pressure is dominant.Volume Insight: The 24-hour volume shows 16.38M SCRT traded, indicating moderate activity. However, a shift in volume direction could determine the next move.
Performance Highlights
7-Day Change: +7.18%90-Day Change: +166.63%Despite the recent pullback, SCRT has shown significant growth over the last three months, highlighting long-term bullish potential.
💡 Trading Tips
For Bulls: Look for a bounce from $0.5300 or a breakout above $0.56 with strong volume confirmation.For Bears: Watch for a break below $0.5300, which could accelerate the downtrend towards $0.50.
🔑 The Secret Network (SCRT) remains a promising Layer 1 project. As it navigates short-term corrections, traders should monitor key levels and trade wisely.
#Binance #SCRTUSDT #CryptoTrading #SecretNetwork

🚀 $SCRT /USDT Price Surge: What's Driving the Momentum? 🔥


$SCRT (Secret Network) has seen a solid 17.21% price increase, reaching $0.5134 in the past 24 hours. Here's an analysis of the recent market movement and what lies ahead for this Layer 1 blockchain project.

Key Metrics:

Current Price: $0.5134 (+17.21%)

24h High: $0.6845

24h Low: $0.4204

24h Volume: 169.90M $SCRT , 91.41M USDT

Technical Analysis:

Moving Averages (MA):

MA(7): $0.5067

MA(25): $0.5026

MA(99): $0.4991

Price Action: SCRT is currently trading just above the 7-day moving average, indicating a positive short-term trend. The price is moving toward the $0.52 resistance level and could continue its upward movement if it surpasses this mark.

Key Resistance and Support Levels:

Resistance: $0.5134 (current price) and $0.5413 (recent peak)

Support: $0.4851 (near current price) and $0.4570 (previous low)

What’s Driving the Surge?

Increased Volume: Over 169.9M SCRT traded in the last 24 hours, showing strong market interest and engagement with the project.

Layer 1 Blockchain Potential: SCRT’s focus on privacy and security within the blockchain ecosystem is gaining attention as demand for decentralized and privacy-focused solutions increases.

What’s Next for SCRT?

Bullish Scenario: If SCRT breaks above $0.52, it may test $0.54 and possibly extend higher, reflecting continued positive market sentiment.

Bearish Scenario: A drop below $0.4851 would suggest a potential retreat to $0.4570. A reversal from this level could lead to further consolidation or a price correction.

Given the strong market involvement and the Layer 1 blockchain utility, SCRT could continue its upward trajectory, but keep an eye on key support and resistance levels.

#SCRT #SecretNetwork #CryptoTrends #Blockchain #Crypto2025Trends