⚠️URGENT NOTICE FOR $SCR

* Binance announced that the $SCR market pair will close on October 22nd, with the original listing scheduled for the same day. This news will significantly impact price action.

*Current Market Status:*

SCRis currently trading at 1.27, hovering near its recent low of 1.25.

*Analysis:*

Given the impending market pair closure and re-listing, price volatility is expected. The current price near the recent low of 1.25 suggests a potential breakdown.

*Risks:*

1. Support break: If $SCR breaks below 1.25, it may plummet to 1.10 or lower.

2. Delisting uncertainty: Market sentiment will remain bearish due to the upcoming changes.

*Trading Strategy:*

*Caution Advised:* Avoid entering long positions until the re-listing process is complete.

_Bullish Scenario (Post-Re-listing):_

1. Wait for a clear breakout above 1.35.

2. Target 1.50 and 2.

*Risk Management:*

1. Position size: 1-2% of portfolio.

2. Risk-reward ratio: 1:1 or lower.

*Important Dates:*

- October 22nd: Market pair closure and original listing.

Stay informed about updates on the re-listing process and adjust your strategy accordingly.

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