$SCR /USDT Analysis
Current Price: $1.067 (+4.20%)
24H Range: $0.870 - $1.102
Key Observations:
1. Resistance Levels:
Immediate resistance at $1.08.
Stronger resistance around $1.10.
2. Support Levels:
Immediate support at $1.06.
Critical support at $1.00.
3. Volume:
Rising interest with a noticeable increase in volume.
4. Indicators:
MACD is neutral; a crossover could indicate further momentum.
Moving averages suggest short-term bullishness.
Trade Strategy:
For Bulls: Wait for a confirmed breakout above $1.08 for a potential move towards $1.12-$1.15.
For Bears: Look for rejection at $1.08 or loss of $1.06 support for a retest of $1.00.
Set stop losses and manage risks based on key levels.
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