Binance Technical Analysis: SCRT/USDT - Key Targets & Insights
đ Current Price: $0.4241 (+37.92% in 24 hours)
đ 24h Low: $0.3008 | đ 24h High: $0.4250
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đ Technical Analysis Overview:
SCRT/USDT has shown significant bullish momentum over the past 24 hours, climbing +37.92% and maintaining an upward trend. The price has recently tested the $0.4250 resistance level, and with a current SAR (Stop and Reverse) at 0.3334, it signals potential continuation in the short term.
Letâs take a deeper look at the 3 key target levels for SCRT/USDT:
đŻ Target 1: $0.4313
Resistance Level: $0.4313 could be the next key hurdle to watch. This price level has previously acted as a minor resistance, and if the momentum continues, a break above this zone could trigger further bullish action.
đŻ Target 2: $0.4400 - $0.4450
Extended Bullish Target: As the price surges past the initial resistance, we may see further gains toward the $0.4400-$0.4450 range. This is a psychological level where more profit-taking may occur, but also an opportunity for further upside if demand persists.
đŻ Target 3: $0.5000 (Psychological Level)
Mid-to-Long Term Target: If SCRT/USDT can maintain its upward trajectory, reaching the $0.5000 level is a significant milestone. This round figure often triggers heightened trader interest and further bullish action, though caution is advised as it may face a strong resistance zone.
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