$SCR
SCR/USDT Technical Analysis: Critical Levels to Monitor
At a current price of $1.086, SCR/USDT is facing crucial support and resistance levels that could dictate its next price move. The support level at $1.050 has been tested multiple times, and it seems to be holding strong. If this level is maintained, we could see a potential bounce toward the resistance at $1.120.
However, if SCR fails to hold at $1.050, it could face a deeper pullback, with the next support zone appearing at $1.000.
Entry Strategy:
Bullish Entry: A breakout above $1.120 could signal a bullish move, aiming for the next resistance at $1.150 or higher.
Bearish Entry: A break below $1.050 could present a short opportunity, targeting $1.000 as the next support level.
With the market consolidating within this range, traders should look for confirmation on either side of the key levels before making any moves. Keep an eye on volume and momentum for better trade confirmation.
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