đ„ $SCR Testing Critical Levels â Will We See a Bounce or Breakdown? đ„đ„đ„
The $SCR pair has been on a steep decline recently but appears to be attempting a recovery from its recent low of $0.782. Hereâs what to watch in the coming hours:
Current Price: $0.847 USDT
đĄ Key Levels to Watch đĄ
Resistance: $0.878 USDT â This is the immediate resistance to break for bulls. A solid push above this could signal a potential reversal and further gains.
Support: $0.800 USDT â Failure to hold above this level might lead to continued downward momentum, possibly testing lower support zones around $0.750.
đ Bearish Scenario:
If the price faces rejection around $0.878 USDT, we could see increased selling pressure driving it toward $0.800 USDT and potentially further to $0.750 USDT if that support doesnât hold.
đ Bullish Scenario:
If SCR breaks above $0.878 USDT with momentum, expect a potential move toward $0.920 USDT, where the next resistance lies. Bulls would aim to build on this breakout, attracting buying interest.
đ Market Sentiment: Currently, $SCR shows some signs of consolidation after the recent decline. Watch for volume spikes and quick movements near these critical levels.
Stay sharp, and trade wisely!
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