Technical Analysis: $SCR
/USDT
Current Price: $1.09
24h High: $1.098 (+37.25%)
24h Low: $0.800
The SCR/USDT pair has demonstrated remarkable volatility, experiencing a strong rally in the last 24 hours. As traders navigate this dynamic market, letâs outline three potential targets to watch:
đŻ Target 1: $1.10
The first target lies at $1.10, which is a psychological resistance level. A breakout above this level could signal further bullish momentum.
đŻ Target 2: $1.15
The next key level to monitor is $1.15. This price point aligns with previous highs and could serve as a significant barrier. If momentum persists, a test of this level could materialize soon.
đŻ Target 3: $1.20
The third target is set at $1.20. This level represents a critical Fibonacci extension and could attract additional buying interest as traders aim for higher profits.
Trading Insights
SAR (0.02, 0.2): 1.102
Volume: 139.69M SCR traded in the last 24 hours, indicating robust market activity.
Conclusion
SCR/USDT is on the rise, presenting exciting trading opportunities. Watch for price action around these targets to make informed trading decisions. As always, manage risk carefully!
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