📊 SCR/USDT Technical Analysis – Is It Consolidation or Ready for a Breakout?

The price of SCR/USDT is currently sitting at 1.098 USDT, approaching key levels that could set the stage for a significant move. Let’s break it down:

🔑 Resistance Level:

Immediate resistance is at 1.1200 USDT. If SCR/USDT manages to break above this, expect a potential bullish rally toward 1.1500 USDT or even higher! 🚀 Watch volume to confirm the breakout.

🔑 Support Level:

Support is strong at 1.0700 USDT, which has held well in recent price action. If it holds, this could be the perfect spot for a bounce back toward resistance. 💡 However, if 1.0700 breaks, look for a possible downside to 1.0400 USDT.

💡 Entry Strategy:

1️⃣ Near Support: Consider entering near 1.0700-1.0800 USDT with a stop-loss below 1.0600 USDT for a safer position.

2️⃣ Breakout Confirmation: Alternatively, wait for a solid break above 1.1200 USDT to catch the bullish momentum!

🚨 What’s Next?

With SCR/USDT consolidating in a narrow range, this could be the calm before the storm. Will it break out or bounce off support? 📈 Stay alert and trade smart!

📍 Keep an eye on those levels and make your moves with caution!

💬 What’s your strategy for SCR/USDT? Let me know in the comments!

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