🚨 $SCR /USDT Alert: Breakout or Reversal on the Horizon! 🚨
$SCR /USDT is trading at 0.985, consolidating within a tight range, signaling potential for a significant move. Key levels are being tested, making this a crucial time for traders to act.
🔑 Key Levels to Watch:
1. Resistance 1 (Target 1): 1.000
A breakout above this psychological level could pave the way for bullish momentum, attracting more buyers.
2. Resistance 2 (Target 2): 1.032
Breaching this level would confirm extended bullish action, targeting higher gains.
3. Support Zone (Critical): 0.960
A drop below this level could trigger a retest of the 0.931 support, indicating bearish pressure.
📊 Trade Setup:
Long Entry: Enter above 1.000, targeting 1.032, 1.050, and 1.080.
Short Entry: Enter below 0.960, targeting 0.940, 0.931, and 0.910.
Stop Loss: Set a stop loss at 0.975 for long trades and 1.010 for shorts.
SCR is nearing a pivotal point, so monitor the chart closely for confirmation before entering trades. Stay sharp and manage your risk!