$SCRT
๐จ Technical Analysis for SCRT/USDT | Price Update & Targets ๐จ
๐ Current Price: 0.5189 USDT (Down 4.39% - Rs 144.68)
๐ Key Levels:
24h High: 0.5540 USDT
24h Low: 0.5139 USDT
Volume: 12.82M SCRT, 6.86M USDT
๐ Analysis: SCRT/USDT has seen a recent drop of 4.39% as it struggles to hold its position. The price is currently testing key support around the 0.5139 level, showing potential for a reversal if it maintains above this point. However, a sustained drop below 0.5139 could open the door for further bearish momentum.
๐ Targets:
1. Target 1 โ 0.5266 USDT: A recovery towards the 0.5266 level will mark the first resistance. Watch for any consolidation at this level for a potential breakout to the upside.
2. Target 2 โ 0.5413 USDT: If SCRT continues its upward momentum, the next resistance zone lies around 0.5413. This will be a crucial area for price to overcome in order to push higher.
3. Target 3 โ 0.5540 USDT: A push above 0.5413 could see price testing the 0.5540 resistance level, where we saw the 24h high. This could lead to a more significant rally if buyers gain control.
๐ Key Support: Watch the 0.5139 level closely. If the price falls below this, a drop to 0.5118 could be expected.
๐ฎ Conclusion: Monitor SCRT/USDT for price action around the key levels mentioned. A bounce from support could lead to higher targets, while a break below 0.5139 could signal more downside.