$SCR /USDT – BEARISH BREAKDOWN NEARING, SUPPORT IS HANGING BY A THREAD!
Current Price: $0.255
24H Change: -3.04%
24H Range: $0.254 – $0.268
Volume (24H): 3.60M SCR / 935,511 USDT
Technical Analysis
$SCR /USDT continues its downward slide, losing over 33% in 30 days and nearly 80% in 6 months. The price is hovering just above key support at $0.254, and failure to hold this level could trigger a deeper drop.
Bearish candles are stacking up on the 15m and 4H charts, with no signs of a reversal yet. Volume remains steady but lacks bullish confirmation.
Key Levels
Support Zones:
$0.254 – Immediate support
$0.240 – Next demand zone on breakdown
Resistance Levels:
$0.262 – Minor resistance
$0.268 – Key rejection zone
Trade Setup – SHORT POSITION
Entry: $0.256 – $0.258 (on failed bounce or rejection from $0.262)
Take Profit (TP):
TP1: $0.246
TP2: $0.238
Stop Loss (SL): $0.263 (above minor resistance)
Market Outlook
SCR remains in a strong bearish trend with no reversal signs in the near term. Unless bulls reclaim above $0.268 with strong volume, the downward momentum is likely to continue. A breakdown of the $0.254 level could open doors to deeper lows.
Risk Management
Keep risk exposure limited to 1-2% per trade. Use tight stop losses and avoid chasing breakdowns—wait for confirmation of rejection or break before entering.
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