$SCRT Trading Strategy
Bullish Scenario
Entry Point: If the price breaks above the $0.5670 level with strong volume, consider entering a long position.
Target Levels:
First Target: $0.6000.
Second Target: $0.6400 (24-hour high).
Stop-Loss: Place a stop-loss below $0.5200, minimizing risk.
Bearish Scenario
Entry Point: If the price breaks below the $0.5200 level, it could signal a bearish reversal.
Target Levels:
First Target: $0.4900 (recent swing low).
Second Target: $0.4600.
Stop-Loss: Place a stop-loss above $0.5500.
24-Hour High: $0.6400 - This acts as a resistance level for potential breakouts.
24-Hour Low: $0.3455 - A significant support level indicating strong buying interest.
RSI (Relative Strength Index)
RSI Value: 50.91, which is neutral. This indicates neither overbought nor oversold conditions, allowing for movement in either direction.
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