$SCR
/USDT Technical Analysis & Trade Signals
Current Price: $1.119
Momentum: Strong bullish (+17.67% in 24h)
Trade Signals
Trend: Bullish breakout above resistance at $1.092.
RSI: Near overbought zone, signaling caution but strong upward momentum.
Moving Averages:
Price above 50 EMA and 200 EMA, confirming bullish sentiment.
Volume: Significant increase in 24h volume (52.98M SCR), supporting the upward trend
Targets 🎯
1. Target 1: $1.182 (Immediate resistance)
2. Target 2: $1.250 (Mid-term breakout target)
3. Target 3: $1.350 (Extended bullish momentum target)
Stop Loss
Place a stop loss at $1.000 (below recent support).
Trade Momentum
Entry Zone: $1.10–$1.12 for continuation of uptrend.
Monitor for any signs of reversal near resistance zones ($1.182) Eden(ME)BinanceListMagic Eden(ME)