$SCRT

/USDT Technical Analysis: Layer 1 Gainer on Fire! 🔥

Current Price: $0.7057 (+52.68%)

24h Range: $0.4554 - $0.7250

Trading Volume: 100.44M SCRT / $61.51M

SCRT has captured attention as a Layer 1 gainer, showing remarkable strength in the past 24 hours. With its price surging over 50%, it's clear that bulls are in control! Here's a breakdown of potential targets based on current momentum:

🎯 Target 1: $0.7500

This level aligns with the next psychological resistance zone. If SCRT breaks above $0.7250 with strong volume, $0.7500 could act as a short-term target.

🎯 Target 2: $0.8200

This is a crucial resistance area based on historical price action. A successful breakout here would confirm extended bullish momentum.

🎯 Target 3: $0.9000

The ultimate bullish target! If SCRT continues its upward trajectory, it could test $0.9000, especially with growing investor interest in Layer 1 projects.

Key Indicators to Watch:

RSI: Overbought territory suggests caution, but strong momentum could sustain gains.

Volume: High trading activity indicates strong community support and interest.

Support Zone: $0.6500 will act as the first line of defense if any retracement occurs.

Analysis Summary:

SCRT's impressive rally positions it as a must-watch asset. However, manage risks wisely and keep an eye on key support and resistance levels.

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