How should we layout for the decline of $SCR ? Profits are always hidden before risks.

Current Overview:

The current price of SCR is $0.868 each, having peaked at $1.5.

Since the opening, the price has fallen to the hourly resonance band and shows a continuous downward trend.

The trading volume has reached 5.32 million, with SCR's total market capitalization at $166 million.

In the past 24 hours, SCR has dropped by 8.7% and is poised to break below the resonance band at 11 PM on October 23.

Spot Positioning Strategy:

Currently, it is advised to wait for an appropriate entry point.

When the price approaches $0.7, consider entering with a light position and set a stop loss below $0.69.

If the price further declines to around $0.53, consider increasing the position. As for taking profit, directly aim for the high point of $1.5.

Continuous Contract Trading Strategy:

Within the range of $0.88-$0.90, consider opening a short position.

The short-term target price is around $0.7, while setting a stop loss slightly above $0.91.

If the price declines smoothly, consider a second position increase near $0.96.

The second take profit level can be set around $0.54, but it should be adjusted according to real-time conditions.

The price of SCR is currently in a downward trend, and investors should operate cautiously in both spot and perpetual contract trading. It is advised to wait for an appropriate entry point and flexibly adjust trading strategies based on real-time conditions. At the same time, be sure to pay attention to risk control, and reasonably set stop loss and take profit levels. $SCR #AI概念币走弱 #美国大选前行情观察