$SCR /USDT basedtechnical analysis and trade signal

Technical Analysis:

1. Current Price: $0.873

2. Support Level: $0.826 (24h Low)

3. Resistance Level: $0.929 (24h High)

4. Trend: Slightly Bullish (price has increased by 1.75% in the last 24 hours)

5. Momentum:

Positive momentum with a +1.75% rise in the last 24 hours.

Short-term momentum is negative, with a -1.929% drop in the last 15 minutes.

The medium-term momentum (1 day) shows a slight bullish trend (+2.583%).

Trade Signal & Targets:

Long Position (Buy):

Entry Point: $0.873 (current price) or near the support level at $0.826

Target Levels (T1, T2, T3):

Target 1 (T1): $0.929 (Immediate resistance; short-term target)

Target 2 (T2): $0.950 (Medium-term resistance level)

Target 3 (T3): $0.975 (Long-term resistance)

Stop Loss: Below $0.826 (support level)

Trade Momentum:

Bullish Momentum: The price shows potential for an upward movement, especially if it can hold above $0.826 and break the $0.929 resistance level. A successful breach of $0.929 could lead to more significant gains.

Risk Management: The price has shown a minor drop in short-term momentum, which suggests that a retracement to $0.826 is possible. A stop loss below this level is essential for managing the downside risk.

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