$SCR Long Liquidation Alert

A $16,098 long position in SCR was liquidated at $1.28322.

This indicates a significant price drop, forcing the position to close. Here's the breakdown:

What Happened?

Long Liquidation: A trader expected the price to rise but faced a sudden drop instead.

Trigger Price: $1.28322 — This was the point where the position was closed automatically.

What’s Next?

1. Bearish Trend:

This signals strong selling pressure, and SCR may see further declines.

2. Key Levels to Watch:

Support: $1.250 — A break below could lead to more losses.

Resistance: $1.300 — Recovery depends on breaking this level.

3. Market Sentiment:

Traders should observe the overall market for signs of a trend reversal or continued weakness.

4. Trade Tips:

Avoid aggressive positions until stability returns. Use tight stop-losses.

Why It Matters?

This liquidation highlights volatility in SCR. Caution is advised,

as sudden moves can lead to larger price swings. Stay alert and make informed decisions!

#USUALSpotLaunch #MarketMajorComeback #BTCReclaims101K #MicroStrategyVsNasdaq #RLUSDApprovalBoostXRP