$SCR $SCR
SCR/USDT: Bearish Pressure Mounts, Potential for Deeper Correction
The SCR/USDT chart is currently displaying a bearish trend. The price has broken below a key support level at around $0.71, suggesting that a deeper correction may be underway.
Key Support and Resistance:
* Resistance: The immediate resistance level is now around $0.71, where the price met strong selling pressure previously.
* Support: The next significant support level lies around $0.69, which could provide temporary relief to the downward pressure.
Entry Strategy:
For cautious traders, waiting for a retest of the broken support level at $0.71 could offer a low-risk entry point to short SCR. This would allow traders to capitalize on further potential downside.
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