๐ฑ๐ฅALERT :::๐ Siacoin (SC/USDT) Analysis: Key Levels and Entry Strategy
1. Support and Resistance Levels:
Support (Buy Zone): Siacoin found support around $0.004326, indicating a potential buying opportunity.
Resistance (Sell Zone): The $0.004758 level acted as strong resistance.
2. Recent Price Action:
- The last green candlestick closed near its high, suggesting bullish momentum.
- However, be cautious due to the overall downtrend.
3. Entry Strategy:
Long Position: Consider entering if SC breaks above $0.004758 convincingly.
Short Position: Wait for a clear break below $0.004326 to consider shorting.
4. Previous Values:
24h High: $0.004758
24h Low: $0.004326
๐ Keep an eye on these levels and trade wisely! ๐กHappy Tradingโบ๏ธ.#siacon #CryptoMarketMoves #SahmRule #BinanceTurns7