$SCRT Reversal Bulls Losing Grip, Short Opportunity Ahead...
$SCRT jumped to $0.1926 but quickly pulled back to $0.1867, showing signs of exhaustion after a sharp spike. On the 15-minute chart, a strong red candle followed the top wick, signaling a potential short-term downtrend as momentum fades.
Short Trade Setup (15m Timeframe):
• Entry Zone: $0.1865 – $0.1880
• Target 1: $0.1820
• Target 2: $0.1780
• Target 3: $0.1745
• Stop Loss: Above $0.1910
If price continues to stay below $0.1885 and selling pressure grows, a drop toward the support zone is likely. Watch closely for volume decline and lower highs.