You always forget to mention its partnership with NVIDIA, which is exactly what caused it to have such a strong rise!
in short: buyers are HOLDING
CryptoDoctors
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$SCRT As of today, Secret (SCRT) is in a relatively uncertain zone, with factors suggesting a potential bullish outlook in the medium to long term. Based on recent technical analysis, SCRT shows some positive momentum, supported by its use case in privacy-focused blockchain applications.
1. **Bullish or Bearish Sentiment:** - In the short term, SCRT is looking bullish, as it shows promise based on historical price action and support/resistance levels. - The broader market conditions, with increasing interest in privacy technologies and decentralized finance (DeFi), could provide additional upward momentum.
2. **Key Levels:** - **Support Level:** Around $0.60 could act as a support base. - **Resistance Level:** A key resistance level to watch is around $0.75, with potential to break higher.
3. **Target Price:** - **Short-Term Target:** Around $0.80 - $1, based on current technical analysis. - **Long-Term Potential:** Analysts forecast that SCRT could reach up to $1.26 by the end of 2024.
4. **Buy Price and Correct Price:** - **Buy Price:** If SCRT consolidates around $0.60 to $0.65, this could be an optimal buy zone. - **Correct Price:** Current market trends suggest that the correct price for short-term entries should ideally align with support levels around $0.60, especially if you're aiming to minimize risk.
In conclusion, SCRT seems like a solid potential buy, but it’s important to watch for potential corrections in the near term. Always consider market volatility and your risk tolerance before making a decision.$SCRT
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