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/USDT Technical Analysis: Targeting Key Levels

The SCR/USDT pair has seen significant movement in recent hours, with a notable 17.15% increase in the last 24 hours. As the price hovers around $1.134, let's dive into the technical outlook and identify three key target levels to watch.

🎯 Target 1: $1.14

With the 24h high at $1.141, this resistance level is crucial for further upward momentum. A breakout above this level could signal a stronger rally, potentially pushing the price to the next target.

🎯 Target 2: $1.20

A more substantial resistance zone lies around $1.20. If the price consolidates and holds above $1.14, it could test the $1.20 region. Traders will be watching closely for any breakout to confirm a bullish continuation.

🎯 Target 3: $1.25

Looking further ahead, the $1.25 level stands as a significant psychological target. A move towards this price could mark a breakout to new highs, making it an important milestone for long-term bullish traders.

Key Support Level:

Watch for the $0.955 level, which has proven to be a strong support in recent price action. A dip below this could lead to a deeper correction, but for now, the overall trend remains bullish.

Stay tuned for more updates and happy trading!

This post covers technical analysis with a focus on key targets for SCR/USDT, helping traders stay informed about potential price movements.