$SCR $SCR $SCR

SCR/USDT Chart Analysis (15-Minute)

Current Price: $0.804 (-3.94%)

24-Hour Range: $0.786 - $0.841

Volume: 29.3K SCR

Key Observations:

1. Recent High and Low: The price reached a high of $0.823, followed by a low of $0.794, indicating volatility within this range.

2. Support and Resistance:

Support: Around $0.794, as indicated by recent bounce attempts at this level.

Resistance: Near $0.823, where the price faced rejection and downward movement.

3. Moving Averages:

MA(5): 96,440.7 - Reflects short-term trends and shows slight downwards slope.

MA(10): 103,266.2 - Suggests resistance in the near term as the price struggles to stay above it.

Trading Strategy:

Entry: Consider entering near $0.794 if it holds as support, with an eye on volume increase to confirm buying strength.

Target: A move back to $0.814 or even a retest of $0.823, assuming a breakout with significant volume.

Stop Loss: Below $0.786, as a break here might signal a downward trend continuation.

Conclusion: SCR/USDT shows potential for a reversal if it can hold above support at $0.794. Watch for increased volume to support upward momentum, or consider waiting for a clear breakout above $0.823 for a safer entry.

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