$SCR $SCR

$SCR /USDT Analysis

Current Price: $0.584

Recent Performance: Down 3.47% over the last 24 hours.

Key Levels

Resistance Levels:

R1: $0.613 – 24-hour high; initial resistance to watch.

R2: $0.641 (MA(25)) – medium-term resistance if upward momentum builds.

R3: $0.737 – a more distant level, achievable on a strong uptrend.

Support Levels:

S1: $0.558 – 24-hour low, critical short-term support.

S2: $0.544 – secondary support if price breaks below S1.

Moving Averages

MA(7): $0.593, close to current price, indicating potential minor resistance.

MA(25): $0.641, a significant resistance point for any mid-term trend shift.

MA(99): $0.888, signaling a broader downtrend and acting as a major resistance above.

Trade Setup

Entry: $0.585, aligning with current support and potential for recovery if it holds.

Target 1: $0.613 for a quick, attainable profit.

Target 2: $0.641 if upward pressure strengthens beyond initial resistance.

Stop-Loss: $0.555, positioned below S1 to mitigate risk if price drops further.

This approach aims to capture an upside bounce within defined resistance levels, while controlling risk if the price moves below primary support.

#29thBNBBurn #USEquitiesRebound #BTCMiningRevenue #TetherAEDLaunch #Write2Earn!