$SCRT

🌟 SCRT/USDT: Technical Analysis Update 🕵️‍♂️

The current price of SCRT/USDT is $0.5130, indicating potential movement in a consolidating market. Here is the technical analysis:

🔑 Key Levels to Watch:

Resistance: The immediate barrier is at $0.5300. A breakout above this level could drive the price to $0.5500, an important psychological zone.

Support: Strong support is at $0.5000, with additional protection at $0.4800 if bearish momentum intensifies.

📊 Market Trend:

SCRT is trading around $0.5130, showing reduced volatility. Bulls need to clear $0.5300 for a bullish continuation, while bears are looking to push the price below $0.5000.

📈 Entry Strategy:

Bullish Entry: Enter above $0.5300 with confirmed volume, targeting $0.5500 or higher.

Bearish Entry: Look for a rejection at $0.5300 and short, targeting $0.5000 or $0.4800.

💡 Professional Tip: Tight stop losses are necessary — set them below $0.5000 for long positions or above $0.5300 for short positions to effectively manage risk.

Will SCRT break resistance or retest support?