$SCR $SCR
$SCR /USDT Technical Analysis:
Current Price: 0.696 USDT
Resistance Levels:
0.745 (24h High)
0.820 (MA99, Major Resistance)
0.912 (Key resistance level)
Support Levels:
0.649 (MA7)
0.622 (MA25)
0.565 (24h Low)
Entry Point:
Consider entering around the current price of 0.696, as the price is showing bullish momentum.
Alternatively, a pullback to 0.649 (MA7) or 0.622 (MA25) could offer a better risk-to-reward entry.
Stop Loss:
Set stop loss just below 0.622 (MA25) at 0.615 to minimize risk.
Take Profit Targets:
First target: 0.745 (24h High)
Second target: 0.820 (Major resistance)
Strategy:
The price is in a strong uptrend, with potential for further upside. The entry point at 0.696 could see a move towards resistance levels at 0.745 and 0.820. To manage risk, set a stop loss at 0.615 below the MA25 support. Profit-taking should be considered at resistance levels 0.745 and 0.820.
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