$SCRT /USDT has shown significant bullish momentum, currently trading at $0.5361, up 9.27% over the past 24 hours. Here's a closer look at the market structure and key levels:

Market Overview:

24h High: $0.5460

24h Low: $0.4747

24h Volume: 20.94M $SCRT / $10.67M USDT

Technical Indicators (1h Timeframe on Binance):

Resistance Levels:

Primary resistance at $0.5900

Secondary levels at $0.5800 and $0.5700

Support Levels:

Immediate support at $0.5300

Stronger zones at $0.5200 and $0.5100

Trend Analysis:

The overall trend remains bullish, driven by strong buying volume and price action breaking above key levels.

A slight pullback (-0.43% in the last hour) indicates consolidation, potentially forming a base for further upside.

Trading Strategy:

Entry Zone: $0.5200–$0.5300 (ideal for retracement entries)

Target Levels: $0.5700 and $0.5900 (short-term targets)

Stop Loss: $0.4700 (to mitigate downside risk)

Outlook:

SCRT/USDT is primed for a potential breakout above $0.5500. Sustained bullish momentum could push the price toward $0.5900, but traders should monitor for possible corrections at key resistance levels.

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