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The SCRT/USDT trading pair is currently priced at $0.4893, reflecting a significant 7.96% dip in the last 24 hours. However, the recent green candles signal a possible recovery in momentum.
Support and Resistance Zones
Support Level: $0.4747 – This is the 24-hour low, where buyers stepped in to defend the price.
Resistance Level: $0.50 – A psychological barrier where selling pressure has repeatedly emerged.
Entry Strategy
Bullish Entry: Wait for a clean breakout above $0.50, confirmed by strong volume, to ride the bullish wave.
Bearish Entry: If the price breaks below $0.4747, look for shorting opportunities targeting lower levels.
The current price action reflects a battle between bulls and bears, making this a crucial zone for traders. Stay patient, watch for volume spikes, and capitalize on the next big move!
Are you ready for the breakout? Trade smart and plan your entries!
Currently trading at 1.300, SCR/USDT is at a critical juncture, making it a prime focus for traders. Let’s break down the key levels and possible moves:
📉 Support & Resistance:
Support is strong at 1.250, where the price has historically bounced. If this level is broken, we may see a test of 1.200.
Resistance is at 1.350, a level where selling pressure has previously emerged. A clean breakout above this could send the price toward 1.400.
📈 Trend & Strategy:
The current price action is consolidating near 1.300, and the market looks poised for a potential breakout. A move above 1.350 could signal a bullish continuation, while a drop below 1.250 may lead to a bearish reversal.
RSI is in the neutral zone, suggesting indecisiveness in the market, while MACD shows a potential bullish crossover, hinting at upward momentum.
💡 Entry Strategy:
Watch for a break above 1.350 for a potential long trade, targeting 1.400. Alternatively, a dip to 1.250 could provide a buy opportunity for a bounce back toward resistance.