$SCRT

/USDT Analysis: Significant Decline Amid High Volatility💯💯💯🔥🎯

SCRT/USDT has experienced a steep decline of -18.32% in the last 24 hours, reflecting bearish sentiment. Below is a breakdown of the trading data:

Current Price: $0.4676 (+0.04% in the last 30 minutes)

24h High: $0.6845

24h Low: $0.4609

24h Volume (SCRT): 149.27M

24h Volume (USDT): 81.03M

Key Technical Levels:

1. Resistance:

$0.5000 (short-term resistance)

$0.5500 (next significant level)

2. Support:

$0.4600 (immediate support)

$0.4400 (critical psychological level)

Potential Trading Scenarios:

Bullish Setup (Long):

Entry: Near $0.4600 if support holds.

Stop Loss: Below $0.4400.

Targets:

Target 1: $0.5000

Target 2: $0.5500

Bearish Setup (Short):

Entry: Around $0.5000–$0.5100 if resistance holds.

Stop Loss: Above $0.5300.

Targets:

Target 1: $0.4600

Target 2: $0.4400

Market Outlook:

SCRT/USDT is in a downtrend, but high volumes indicate active trading interest. A close above $0.5000 could hint at a potential recovery. Conversely, a break below $0.4600 could trigger further downside. Monitor price action closely for confirmation of support or resistance levels.

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