š Technical Analysis for SCRT/USDT ā Price Surge and Targets š
The SCRT/USDT pair has shown impressive bullish momentum, recently rising by +16.32% and currently trading at $0.8038. Letās dive into the technical analysis and set up key targets for potential price movements:
š Key Levels to Watch:
1. Target 1: $0.8123 (24h High) šÆ
The price has recently tested this level and faced minor resistance. A break above this could open the door for further upside movement. Keep an eye on the price action here for confirmation.
2. Target 2: $0.8200 (Binance High) šÆ
This is a critical resistance zone observed on Binance, and surpassing it could indicate a more substantial rally. If SCRT/USDT manages to push through this, we may see new highs in the short term.
3. Target 3: $0.7517 (Binance Low) šÆ
As a potential support level, a pullback to this price point could present an opportunity to enter long positions if the market holds above this level. Watch for signs of accumulation and support here.
š Additional Insights:
24h Low: $0.6836
SAR (Stop and Reverse): The SAR at $0.7046 is providing support, indicating a strong potential for further upward movement.
Volume: With 27 million SCRT traded in the last 24 hours, the market is active, and liquidity is favorable for trade execution.
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