$SCR
SCR/USDT Analysis: A Bearish Trend
SCR/USDT has been experiencing a bearish trend, currently trading near the £0.804 mark. The price has broken below the £0.786 support level, indicating further downward pressure.
Key Points:
* Support: £0.786 (broken)
* Resistance: £0.861
Entry Strategy:
* Short-Term: Consider shorting SCR/USDT below the £0.786 level with a stop-loss above the recent high.
* Long-Term: Wait for a potential bullish reversal signal, such as a price retest of the £0.786 level as resistance, before considering a long position.
Disclaimer: This is not financial advice. Do your own research.
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