#MatrixFamily listen carefully…
$SCRT is showing a strong recovery move and is now approaching key resistance where breakout momentum can build.
Entry Range: 0.1020 – 0.1060
Stop Loss: 0.0950
Targets:
TP1: 0.1120
TP2: 0.1180
TP3: 0.1250
$SCRT made a clean impulsive move from the 0.093 zone, followed by a healthy pullback that respected market structure. After that, buyers re-entered strongly, pushing price back toward the highs and forming a clear pattern of higher lows.
This looks like a bullish continuation setup. Price is not showing weakness; instead, it is gradually absorbing selling pressure and grinding upward. Repeated tests near the 0.110 resistance zone increase the chances of a breakout.
Avoid chasing breakout candles. The better approach is to wait for controlled pullbacks within the entry zone, where risk is defined and structure remains intact.
As long as price holds above 0.0950, the bullish structure stays valid. A strong close above 0.1100 could trigger the next upward leg toward the higher targets.
Invalidation: If price breaks and holds below 0.0950, the setup becomes invalid and momentum may shift bearish.