$SC

$SC USDT

– Will the rebound from the exponential moving average be achieved?

Setting up a potential buy trade

The price is maintaining support above the exponential moving average (99)

Recovery of the candle from today's lows

$SC USDT dropped from resistance at $0.003608 but shows signs of strength after defending the exponential moving average (99) at $0.00344. The long candle and the recent green candle indicate a return of buying interest.

A recovery above the short-term exponential moving averages may lead to an upward continuation.

The momentum to watch if the price jumps above $0.00352 with trading volume.

Buy entry: above $0.00352

Targets: $0.00360 / $0.00368

Stop loss: $0.00344

Exponential moving average crossovers indicate strong support. Look for confirmation of a bullish crossover.