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Technical Analysis: $SCR
/USDT
The SCR/USDT trading pair is currently on a remarkable upward trajectory, with the price at $1.18. As we analyze the chart, we identify key levels to watch for potential price action:
Key Support and Resistance Levels
1. Target 1: $1.40 đŻ
This level serves as a significant resistance point where we may see some selling pressure. A breakout above this price could signal further bullish momentum.
2. Target 2: $1.70 đŻ
As we progress, this level represents a critical psychological barrier. A successful move past $1.70 could attract more buyers, leading to accelerated gains.
3. Target 3: $1.94 đŻ
The 24-hour high of $1.94 is a vital resistance level. A close above this mark could open the doors for a potential rally, as traders may view it as a confirmation of continued strength in the market.
Market Overview
Current Price: $1.18
24h High: $1.94
24h Low: $0.28
Trading Volume: 18.80M SCR (22.58M USDT)
Conclusion
The SCR/USDT pair is showing strong bullish signals, with key targets set. Keep a close eye on market developments, as we could witness further price fluctuations as traders react to these levels.
Happy trading, and stay informed!
