SCR/USDT Technical Analysis | Targets for the Next Move šÆ
The SCR/USDT pair has been showing strong momentum over the past 24 hours, up by +19.64%, and it appears to be in an interesting phase for traders. Let's dive into the current technical picture and explore three key price targets for the upcoming sessions.
Key Data:
Current Price: 0.731 USDT
24h High: 0.738 USDT
24h Low: 0.573 USDT
Volume: 31.09M SCR / 20.76M USDT
Technical Indicators:
SAR (Stop and Reverse): 0.676 (bullish reversal potential)
Resistance Levels: 0.738 USDT and 0.747 USDT
Support Levels: 0.573 USDT and 0.564 USDT
Potential Targets:
1. Target 1: 0.738 USDT
This is a key resistance level and has proven to be a barrier in the short term. If SCR can break through 0.738 USDT, we could see the price continue to push higher. A close above this level would signal more bullish strength, with the next target at 0.747 USDT.
2. Target 2: 0.747 USDT
If SCR sustains the upward momentum, the next target comes at 0.747 USDT, where the price has previously struggled. A breakthrough here could signal a continuation of the bullish trend with higher targets ahead.
3. Target 3: 0.764 - 0.780 USDT
This level could act as a potential extension point, especially if momentum continues to build after breaking through the previous resistance. Watch for volume increases and price action confirmation at these levels.
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