$SCR
/USDT Technical Analysis & Trade Signal🎯🎯💯💯
Current Price: 1.119 USDT
Price Change: +7.91% (24h)
Technical Analysis Overview:
Trend: Bullish, as the price is close to the 24-hour high.
Support Level: 1.011 USDT (recent low).
Resistance Level: 1.125 USDT (recent high).
RSI: Possibly neutral to bullish, considering recent price increase (ideally check in trading tools for confirmation).
The price has shown a clear upward movement in the past 24 hours, signaling positive market sentiment. The momentum looks strong as SCR pushes towards its resistance.
Trade Signal:
Long Position (Buy): Recommended, given the bullish trend.
Target Levels 🎯:
1. Target 1: 1.125 USDT (immediate resistance).
2. Target 2: 1.150 USDT (next potential resistance based on trend).
3. Target 3: 1.170 USDT (higher resistance based on recent highs).
Trade Momentum:
Strong Uptrend: The price is moving upward with increased volume. A continuation of this momentum is possible unless major support (around 1.011) is breached.
Stop Loss: Set around 1.05–1.06 USDT (below recent lows) to minimize risk.
Monitor the market closely for any price reversals at key levels or changes in volume to adjust the strategy accordingly.
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