🚀 $SCRT

/USDT Technical Analysis & Price Targets 🎯

Current Price: $0.5395 (+38.37%)

Exchange: Binance

24h Range: $0.3844 – $0.6845

24h Volume: 126.61M SCRT ($67.19M USDT)

Market Overview

SCRT (Secret Network) is experiencing a strong bullish momentum, surging by 38.37% in the past 24 hours. The significant trading volume and sharp price movements highlight increased market interest and activity. Let’s dive into the key levels to watch and potential targets.

Technical Indicators

1. Support Level: $0.5300

This level has acted as a local floor, providing stability during intraday pullbacks.

2. Resistance Levels:

First Resistance: $0.5500

Second Resistance: $0.6000

Third Resistance: $0.6800 (recent high)

3. Moving Average (SMA-9):

The volume SMA of ~500K indicates sustained interest. A break above $0.5500 could confirm bullish continuation.

Targets 🎯

1. Target 1: $0.6000

A psychological level and mid-point resistance. Breaking this level could fuel additional bullish sentiment.

2. Target 2: $0.6500–$0.6800

This range represents the recent high. Achieving this target signals a full recovery from intraday dips.

3. Target 3: $0.7500

A long-term resistance level; breaking through could signify the beginning of a new uptrend.

Key Observations

Bullish Signal: A sustained price above $0.5500 may trigger momentum-driven buying, pushing SCRT toward higher targets.

Volatility Alert: With a 24h range of $0.3844–$0.6845, the market is highly volatile. Traders should employ risk management strategies.

💡 About SCRT (Secret Network):

SCRT powers the Secret Network, a privacy-focused blockchain that allows for encrypted smart contracts. Its growing adoption in decentralized finance (DeFi) and Web3 adds to its value proposition.

Stay tuned for updates as SCRT continues its journey!

📈 Trade now on Binance to make the most of this momentum!