🌟 Spotlight: SCRT, ELF, and SAND—Key Trends to Watch!

📊 $SCRT /USDT: Layer 1 Gaining Momentum

Current Price: $0.6403 (+39.41%)

24H Range: $0.4464 - $0.6950

Why It’s Trending: SCRT has gained significant traction in the past 24 hours, with an impressive trading volume of 84.95M SCRT. Its Layer 1 development narrative is driving bullish sentiment.

Technical Breakdown:

SCRT is consolidating near its moving averages: MA(7) at $0.6452, indicating slight upward momentum. Watch for resistance at $0.6650.

Market Insight:

With today’s gains exceeding 35%, SCRT might continue its upward climb. Watch for potential support levels at $0.6236.

📊 $ELF /USDT: Major Breakout in Progress

Current Price: $0.6917 (+61.27%)

24H Range: $0.4197 - $0.7500

Why It’s Trending: ELF has surged over 61% today, backed by a spike in trading activity and strong market interest, with $102.22M traded in ELF.

Technical Breakdown:

ELF’s MA(7) is at $0.6920, showing consolidation near its peak. Resistance lies at $0.7089. Short-term traders can target $0.7500 while managing downside risk near $0.6680.

Market Insight:

Whale accumulation and consistent buying pressure signal that ELF could push through its resistance levels in the coming hours.

📊 $SAND /USDT: Metaverse Momentum Picks Up

Current Price: $0.7262 (+34.71%)

24H Range: $0.5086 - $0.8680

Why It’s Trending: SAND’s resurgence in Metaverse discussions has driven a trading volume of 902.74M SAND. It’s riding a bullish wave with strong potential upside.

Technical Breakdown:

Trading near $0.7260, SAND’s MA(7) is slightly above at $0.7283, signaling a near-term resistance at $0.7366. Key support lies at $0.7090 for cautious entries.

Market Insight:

With Metaverse hype building, SAND could see another leg up if it breaks its $0.736 resistance.

Disclaimer: This is not financial advice. Please do your research and trade responsibly. Profits and losses are your responsibility.