Sure! Here's a professional and informative technical analysis post tailored for Binance on the SCRT/USDT pair, including three target levels:
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Technical Analysis: $SCRT
/USDT – Strong Bullish Momentum Building
SCRT/USDT is showing impressive bullish momentum today, currently trading at $0.2438 (+12.92%), following a breakout from consolidation. With rising volume and strong price action, this Layer 1 token is emerging as a top gainer.
Key Technical Highlights:
24h High: $0.2541
24h Low: $0.2138
Volume (SCRT): 16.87M
Volume (USDT): 4.00M
MA60: $0.2434
Price is currently above key short-term MAs, indicating continued upward pressure.
Support & Resistance Zones:
Immediate Support: $0.2410 - $0.2430 (near MA5 & MA10)
Resistance Levels: $0.2540, $0.2650, and $0.2800
🎯 Target Projections:
1. Target 1: $0.2540 – Near recent high; short-term traders may look to take partial profits here.
2. Target 2: $0.2650 – Previous resistance zone from February 2025, significant if volume sustains.
3. Target 3: $0.2800 – A psychological level and potential breakout point to enter a mid-term rally.
Market Outlook:
If SCRT maintains momentum above $0.2430 and breaks $0.2540 with strong volume, bulls may eye the $0.2650–$0.2800 range. Caution advised below $0.2410 support.
Trade wisely and manage risk.
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