📈 $SC is trying to hold on... Can buyers regain momentum?
Despite the clear rejection at $0.00360, Siacoin remains up by over +9% — indicating that today has been generally positive, but without a clear breakout, the rise may remain on the "edge" 🎯
🔍 Key technical levels to watch:
- Major resistance: 0.00360 — Bulls need a strong candle on clear volume to confirm a breakout
- Key support: 0.00342 — Losing this level opens the way for a bearish scenario towards 0.00330 then 0.00320 😬
🧠 Price action analysis:
- A touch at 0.003737 reignited hopes, but it was followed by a quick pullback... The rejection candle there hints at institutional selling or accumulated resistance
- The price is oscillating between the supply area and resistance — buyers are trying to reposition but need a strong push 📊
📌 Potential trading scenarios:
- 🔼 Up: Confirmed close above 0.00360 + strong volume → Targets at 0.00370 / 0.00375
- 🔽 Down: Break below 0.00342 with a confirmation candle → Drop towards 0.00330 / 0.00320
📢 The critical timing is now… Will buyers regroup? Or will fleeing liquidity prevail?
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