🚨🔥 $SCR /USDT AT A PIVOTAL POINT – GET READY FOR A MOVE! 🔥🚨
Here's the latest analysis based on the $SCR /USDT 15-minute chart:
Current Price: 0.720
Recent High/Low: 0.746 / 0.706
💡 CRITICAL Levels to Watch:
Immediate Resistance: 0.733 – A push above this zone could signal a new bullish leg. If buyers rally to break this level, expect a surge toward 0.740 and potentially 0.748.
Key Support: 0.706 – If the price retraces and breaches this support, it could indicate a deeper pullback toward 0.700 or even lower.
📉 Bearish Scenario:
If the current rally fails to hold above 0.720 and we see selling pressure mount, watch for a move down toward the 0.706 support. A drop below 0.706 could trigger further declines, putting bears in control.
🚀 Bullish Scenario:
If SCR/USDT finds strong buying interest above 0.720 and pushes through 0.733 resistance, prepare for a potential climb toward 0.740 and 0.748. This would signal a continuation of the current uptrend, attracting more buyers.
⚠️ What Should Our Traders Do?:
Bullish Entry: Consider entering a long position if the price breaks above 0.733 with volume. Target levels: 0.740, 0.748. Use a stop loss below 0.720 for risk management.
Bearish Setup: Watch for a failed test of 0.720 and a break below 0.706. Short positions could target 0.700, with a stop loss around 0.733 to minimize risk.
Caution Note:
Stay alert for sudden volatility, as quick price shifts could define the next market direction. Adjust your strategy based on confirmed breaks or rejections at key levels.
Keep an eye on these moves, traders – the next significant swing could be just around the corner!
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