$SCRT
/USDT Technical Analysis Summary:💯🔥🔥
Current Price: $0.5412
24h Change: +9.96% (Bullish Momentum)
Trend: The price has recently been increasing, showing positive momentum.
Support and Resistance Levels:
Support (Lowest Point): $0.4747
Resistance (Highest Point): $0.5413
Key Area: The price is in a bullish consolidation, currently near resistance, with the next move potentially confirming a breakout.
Trade Signal:
Signal: Buy, with targets at 3 key levels.
Target Levels 🎯:
1. Target 1 (Short-term): $0.5500 (First resistance breakout)
2. Target 2 (Medium-term): $0.5650 (Mid-range resistance)
3. Target 3 (Long-term): $0.5800 (Key resistance for larger price push)
Trade Momentum:
Bullish Momentum: The positive 24-hour change and upward trend signal that buying momentum remains strong.
Possible Breakout: Watch for a break above $0.5413 to confirm the bullish continuation.
Indicators: RSI and Moving Averages are supportive of an upward trend but also suggest monitoring potential overbought conditions.
Keep a stop-loss around $0.5100 to minimize risk in case the market reverses.
(Note: Always verify with other indicators and market news before executing trades!)