SCRT/USDT is experiencing a positive breakout with a 5.31% increase in the past 24 hours, creating strong confidence in the growth trend. The current price is trading at 0.5172, above the MA(7), MA(25), and MA(99) lines, indicating short-term upward momentum. Important support is identified at 0.4800, while the nearest resistance is at 0.5400.
Trading Strategy:
Entry Point: 0.5000 - 0.5100 (when the price slightly adjusts near support).
Take Profit Point: 0.5400 and 0.5600 (the next resistance levels).
Stop Loss Point: 0.4800 (below important support).
Advice for Long-Term Investors: With a growth of 164.03% in the past 90 days, SCRT shows strong recovery potential. Long-term investors may consider accumulating more at lower price levels and maintaining positions as long as the price stays above strong supports.
Capital and Risk Management:
Limit the investment capital to under 3% to minimize risk.
Monitor trading volume at important thresholds; if the volume increases significantly, this could be a sign to confirm the trend.
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