$SCR $SCR

SCR/USDT Chart Analysis

1. Trend Overview: SCR/USDT is in a strong bullish uptrend, as indicated by the large green candles and a 30% price increase over 24 hours.

2. Key Moving Averages: The price has crossed above the 7, 25, and 99-period moving averages, showing strong upward momentum.

3. Entry for Long Trade: Consider entering a long position near 0.680–0.690 if the price pulls back to this support level.

4. Stop Loss for Long: Place a stop loss at 0.610 to manage downside risk.

5. Target for Long: Target the recent high at 0.730 as a conservative profit zone, with potential for further upside.

6. Entry for Short Trade: For a short trade, wait for a break below 0.678 with confirmation.

7. Stop Loss for Short: Set a stop loss at 0.710 to minimize potential losses.

8. Volume Indicator: High volume supports the current bullish momentum but also suggests volatility.

9. RSI and Momentum: Overbought conditions could be emerging; monitor RSI or MACD for signals of weakening momentum.

10. Overall Recommendation: Favor long trades in the short term while monitoring key support levels closely.

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