š SCRT/USDT Technical Analysis: Key Targets to Watch šÆ
Current Price: 0.7025 USDT (+20.77% in the last 24 hours)
24h High: 0.7061 USDT
24h Low: 0.5711 USDT
24h Volume: 45.63M SCRT
SCRT has been showing impressive bullish momentum, with a notable +20.77% price increase over the last 24 hours. As we analyze its price action, let's take a look at three key targets that traders should monitor closely for potential breakout or reversal points:
š Target 1: 0.7211 USDT (Resistance Level)
The first target lies at 0.7211 USDT, where SCRT is likely to face a strong resistance. This level aligns with the top of the recent price action and is a crucial point for the bulls to break through if the uptrend continues. A successful breakout above this resistance could trigger further bullish momentum toward new highs.
š Target 2: 0.7061 USDT (Recent High)
The 0.7061 USDT level represents a recent local high, and it may act as a resistance zone. Watch for signs of consolidation or price rejection at this level. If SCRT can hold above this, we may see a continuation toward the next target.
š Target 3: 0.6568 USDT (Support Zone)
Should the price experience a pullback, 0.6568 USDT is a key support level to watch. This zone has provided stability in the past, and it could act as a strong support where buyers may step in. If SCRT dips here and shows bullish reversal signs, it could present a buying opportunity.
š Parabolic SAR Indicator: 0.5837
The Parabolic SAR suggests that the trend remains bullish, with a stop-loss value at 0.5837 USDT, confirming that SCRT is still in a positive price action cycle.
#BinanceBNSOLPYTH #BinanceWeb3WalletAirdrop #BinanceBlockchainWeek