๐ SCR/USDT Chart Analysis & Price Prediction ๐
๐ Market Overview:
The SCR/USDT pair has shown a significant rise, up +13.22% to $0.771, after bouncing from a recent low of $0.533. Currently, the price is holding near the $0.77 level, indicating sustained bullish momentum.
๐ Key Indicators:
โข Bollinger Bands: The price is testing the upper Bollinger Band, signaling high volatility. The bands are expanding, which may suggest continued upward movement.
โข RSI (Relative Strength Index): The RSI levels are around 57-58, indicating positive momentum but with some room for further growth before hitting overbought territory.
โข MACD (Moving Average Convergence Divergence): MACD lines are above the zero line, confirming bullish momentum.
๐ Price Prediction:
If the bullish trend holds, SCR/USDT could aim for the next resistance level near $0.83. However, a retracement to the support zone around $0.73 could provide a better entry point for buyers.
๐ Potential Targets:
โข Bullish Target: $0.83
โข Support Level: $0.73
๐ฅ Momentum favors the bulls! Keep an eye on resistance levels and watch for possible breakouts!
#BIOProtocol #FedRateStrategy #EthereumRally #MicrosoftBitcoinRejection #SOLFutureRise
