🚀 $SCR /USDT Analysis & Strategy 🚀

SCR/USDT is currently trading at 1.150, down 5.97%, showing signs of a short-term pullback after reaching a high of 1.200. The 7-period and 25-period moving averages are converging, indicating a consolidation phase. Key support lies around 1.050, where buyers have previously stepped in, while resistance is at 1.200, a level that has rejected multiple advances.

💡 Entry Strategy: For bullish traders, an entry near 1.150 with a stop-loss slightly below 1.100 could offer a favorable risk-reward ratio, targeting 1.200. Alternatively, a confirmed breakout above 1.200 opens the door for further gains. Bearish traders may wait for a break below 1.050 to target lower levels.

Watch the volumes closely and look for a breakout or bounce—momentum is building! đŸ“ˆđŸ”„

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