$SCRT $SCRT

SCRT/USDT Analysis

Current Price: $0.3753 (+18.13%)

  • 24h High: $0.3900

  • 24h Low: $0.3008

  • Volume:

    • SCRT: 73.80M

    • USDT: 25.04M

Moving Averages (MA)

  • MA(7): $0.3184 (short-term bullish trend).

  • MA(25): $0.3287 (mid-term support).

  • MA(99): $0.3385 (long-term base level).

The price is currently well above all MAs, suggesting a strong bullish momentum in the short term.

Key Levels

  1. Support Levels:

    • Immediate Support: $0.3600 (recent low during consolidation).

    • Key Support: $0.3400-$0.3385 (near MA(99)).

    • Critical Support: $0.3000 (24h low).

  2. Resistance Levels:

    • Immediate Resistance: $0.3900 (24h high).

    • Strong Resistance: $0.4000 (psychological level).

    • Extended Resistance: $0.4200.

Trading Strategy

1. Targets

  • Bullish Scenario:

    • If the price breaks above $0.3900:

      • First Target: $0.4000.

      • Second Target: $0.4200.

  • Bearish Scenario:

    • If price falls below $0.3600:

      • First Target: $0.3400-$0.3385 (near MA(99)).

      • Second Target: $0.3000 (24h low).

2. Stop-Loss Levels

  • For Long Positions: Below $0.3600 (e.g., $0.3550).

  • For Short Positions: Above $0.3900 (e.g., $0.3950).

3. Indicators to Watch

  • Volume: Strong at 73.80M SCRT, supporting the price move.

  • Trend: Short-term bullish momentum, but potential for a pullback near resistance at $0.3900-$0.4000.

Outlook

  • Bullish Momentum: A breakout above $0.3900 with increased volume could drive the price toward $0.4000 or $0.4200.

  • Bearish Risk: Failing to hold above $0.3600 could see a retest of $0.3400 or even $0.3000 in extreme scenarios.

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