$SC /USDT Market Update

Current Price: $0.006147 (+5.22%)

24H High: $0.006399

24H Low: $0.005750

24H Volume: 691.16M

Technical Insights:

Price is consolidating near the 7 EMA ($0.006084) after a sharp spike, maintaining bullish momentum.

Support is confirmed by the 25 EMA ($0.005913) and 99 EMA ($0.005728).

Resistance at the recent high of $0.006399, a breakout above this level could signal continuation of the upward trend.

Key Levels:

Immediate Resistance: $0.006399

Immediate Support: $0.005913

Market Sentiment:

Momentum remains positive as the price holds above key moving averages. Bulls aim for a test of $0.0064+, while bears may target $0.0059 on any pullback.

Hashtags: #Siacoin #SC #CryptoAnalysis #Binance #CryptoReboundStrategy