SCR has launched, and its spot pre-trading price ranges from 0.28 to 1.94. This volatility is typical for new listings.
Current Price: 0.80-1.94
Support Levels:
- Immediate support: 1
- Strong support: 0.90
- Critical support: 0.80
Resistance Levels:
- Immediate resistance: 1.35
- Strong resistance: 1.55
- Critical resistance: 1.85
Strategy:
- Dollar Cost Average (DCA): Consider averaging investments between 0.80-1
- Position sizing: Manage risk with smaller positions.
- Stop-loss: Set around 0.60.
Outlook:
SCR's initial volatility will stabilize as market forces take hold. Monitor support and resistance levels for strategic entries.
Caution:
New listings carry inherent risks. Stay informed and adapt your strategy.
Best of luck with your trades!
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