$SCR /USDT Technical Analysis and Trade Signal🚀🚀🔥🔥💯🚀

Current Price: $1.27 (+9.01%)

Key Levels:

Support Level: $1.157

Resistance Level: $1.312

Technical Indicators:

RSI (Relative Strength Index): The RSI is showing bullish momentum, indicating that SCR is in a strong uptrend, but it may approach overbought territory soon.

MACD (Moving Average Convergence Divergence): The MACD line is above the signal line, signaling upward momentum.

Moving Averages: The price is trading above the 50-day and 200-day moving averages, confirming a bullish trend.

Trade Signal:

Buy Entry: $1.27 (current price) with confirmation from RSI and MACD for continuation.

Stop Loss: $1.15 (below the support level, safeguarding against a potential drop).

Take Profit Targets:

Target 1: $1.35 (Previous resistance area and 61.8% Fibonacci retracement).

Target 2: $1.40 (Next resistance level, potential for a breakout).

Target 3: $1.45 (Psychological resistance level).

Trade Momentum:

The market is showing strong bullish momentum, with recent price action confirming continued upside potential. However, traders should remain cautious if the RSI approaches overbought conditions, as a short-term correction may occur before the next leg up.

Suggested Strategy: Buy at $1.27 with a potential for further gains to $1.35, $1.40, and $1.45, while managing risk with a stop loss at $1.15.

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