$SCR
Continuous downward pressure
$SCR is trading at $0.338 (-4.25%), down from a high of $0.357. The price hovers above the support area of $0.331. Weak momentum and continued lower highs indicate the possibility of a continued downward trend if support fails.
Key levels:
Resistance:
$0.344
$0.350
$0.357 (24-hour high)
Support:
$0.331 (immediate support)
$0.320 (next major area)
Current price: $0.338
Trade setup – Short entry:
Entry: $0.3380
Take Profit (TP):
TP1: $0.3310
TP2: $0.3200
Stop Loss (SL): $0.3460
> Wait for an hourly candle close below $0.334 with strong trading volume for better entry timing.
Risk management advice:
Keep risk tight — 1–2% per trade. Set stop loss before entry. In sideways/down markets, protecting capital is winning.
SCR is losing momentum — watch for a break of support at $0.331 to trigger more selling.