Signal Alert: $SCR /USDT - #Bullish Trend Continues
The SCR/USDT pair has been steadily trending upwards on the 4-hour chart. The recent price action shows a strong bullish momentum with a series of higher highs and higher lows. The Relative Strength Index (RSI) is currently at 73.882, indicating overbought conditions, but the overall trend remains bullish.
Current Price: $1.081
Entry Price: $1.081 (Current Price)
Resistance Levels:
* $1.091 (24h High)
* $1.099 (Depth Level)
Support Levels:
* $0.989 (Depth Level)
* $0.942 (Low Point)
Take-Profit Targets:
* Target 1: $1.091 (24h High)
* Target 2: $1.099 (Depth Level)
* Target 3: $1.120 (Above Resistance)
Stop-Loss: $0.989 (Depth Level)
Caution:
While the current trend is bullish, it's important to exercise caution as the RSI is in overbought territory. Traders should monitor the market closely for any signs of stability or potential breakout signals.
