$SCR IMPORTANT ALERT
SCR has recently broken through the significant resistance level of $1.30, surging to $1.36. This upward momentum suggests a potential target of $1.50.
However, caution is warranted:
Current support: $1.10
Fluctuating range: $1.15-$1.36
Pre-market trading pair warning:
Binance's potential delisting announcement could lead to a sharp decline.
Trading strategy:
Long-term holders: Maintain positions, considering strong support.
Short-term traders: Buy on dips to $1.15-$1.20 or sell on strength to $1.36-$1.40, 1.50
Risk management:
Stop-loss around $1.10 for long positions.
Set take-profit targets at $1.36, $1.40, and $1.50.
Be prepared for potential delisting risks.
Important Note:
SCR's price action is highly volatile, and the pre-market trading pair warning adds uncertainty. Monitor Binance announcements closely, as delisting could lead to significant price drops.
Recent Price Action:
SCR's fluctuation between $1.15 and $1.36 indicates buyer-seller tug-of-war. A decisive break above $1.36 could confirm the uptrend.
Cautionary Advice:
Trade cautiously, considering the delisting risk due to original listing. Adjust strategies accordingly, and maintain risk management disciplines.
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