$SCR USDT BEARISH DIVE CONTINUES: SCR BREAKS STRUCTURE, EYES LOWER SUPPORT ZONE!
🔍 Technical Analysis Overview
$SCR USDT pair is showing strong bearish momentum, currently trading at $0.255, down 4.85% on the day. After facing rejection from the $0.268 high, SCR is slipping below key short-term support, signaling potential for further downside.
📉 Key Levels
Immediate Resistance: $0.260
Major Resistance: $0.268
Immediate Support: $0.250
Major Support: $0.240
The price action shows a clear rejection near the resistance zone and now hovers dangerously close to the $0.250 support. A break below this level can open doors to deeper correction toward $0.240.
📌 Trade Setup – SHORT Position
Entry Zone: $0.255–$0.257
Take Profit (TP):
TP1: $0.250
TP2: $0.240
Stop Loss (SL): $0.262
The trade favors downside continuation, as recent volume confirms selling strength and SCR struggles to reclaim higher levels.
🧠 Market Outlook
SCR has declined -33.42% in 30 days and a massive -76.65% over 180 days, confirming a strong bearish trend. Unless a solid reversal pattern appears near major supports, any bounce is likely to be short-lived.
⚠️ Risk Management
Risk only 1–2% of your capital per trade. Use SL without fail and avoid chasing entries. Patience and position sizing are key in bearish markets.
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