technical analysis and trade signal for $SCR /USDT, based on the data you provided:🎯🎯🚀🚀🚀🚀

1. Current Price: $1.11

2. 24h High: $1.263

3. 24h Low: $1.107

4. SAR (Stop and Reverse): 1.159 (indicating potential trend reversal point)

5. Price Trend: The price is showing a downward trend (-11.61%) after hitting the 24-hour high, with recent trading activity indicating significant selling pressure.

6. Momentum: The overall momentum is bearish, as evidenced by the continuous decline in price and the negative SAR. The price is struggling to maintain support above $1.11, which may lead to further downside unless a strong reversal occurs.

7. Volume Analysis: Volume is relatively high (11.43M SCR, 13.60M USDT), but with a bearish price action. This suggests that selling is more dominant than buying, and further price declines may be in play.

Trade Signal:

Current Trend: Bearish (downward movement)

Resistance Levels: $1.159 (SAR) and $1.263 (24h high)

Support Levels: $1.107 (24h low) and a possible deeper support at $1.050

Target Levels 🎯:

1. Target 1: $1.07

If the downward momentum continues, the first level to watch is $1.07. A breakdown below $1.107 could push the price toward this support zone.

2. Target 2: $1.05

Further downside could lead the price toward $1.05, which is a stronger support level. At this point, the market might see a potential reversal or consolidation.

3. Target 3: $0.95

A deeper retracement could bring the price to $0.95, a key psychological level for buying support.

Trade Momentum:

Bearish Momentum: With the current price action and market sentiment, the bearish momentum is prevailing. Short positions are recommended for those who are comfortable with short-term trades and are looking to take advantage of the downward movement.

Entry Point: Consider entering short positions at around $1.11 (current price), or at $1.15 if the price retraces slightly higher.

Stop-Loss: Set a stop-loss just above the SAR level at $1.16 to protect against sudden reversals.