Technical Analysis for $SCR
/USDT:
Current Price Action:
Current Price: $1.168 (+13.73%)
24h High: $1.187
24h Low: $1.011
Targets:
1. Target 1: $1.200 (Resistance Level)
A critical short-term resistance level. Breaking this could confirm bullish momentum.
2. Target 2: $1.250 (Key Resistance)
Mid-term resistance level. Sustained buying pressure may drive the price toward this target.
3. Target 3: $1.300 (Psychological Level)
Significant psychological resistance. Breaking this level would signify a major bullish trend.
Strategy:
Secure Partial Profits: Take profits at each target to ensure gains.
Stop Loss: Consider placing a stop loss below $1.100 to manage risk effectively.
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