$SCR is showing strong upward momentum, trading at $0.3857, just below its 24-hour high of $0.3880. Buyers are aggressively stepping in, keeping price action tight near resistance, which signals a potential breakout ahead.
*Trade Details:*
- *Entry Zone*: $0.3845- $0.3860 (ideal entry point for long trade)
- *Trade Targets*:
- *TP1*: $0.3880
- *TP2*: $0.3925 (second target)
- *TP3*: $0.4000 (final target)
- *Stop Loss*: $0.3800 (set stop loss to limit potential losses)
*Market Outlook:*
A breakout above $0.3880 with strong volume could ignite a fresh leg upward with fast gains. With momentum heating up, breakout traders should be ready to capitalize on potential gains.
*Recent Price Action:*
$SCR has shown significant growth, with some sources indicating a massive surge of 192.25%, priced at $1.169. However, the current price mentioned in the question is $0.3857, which might indicate a different market scenario.
*Key Indicators:*
- Moving Average: $SCR is trading above its MA, indicating bullish momentum.
- Bollinger Bands: Price is near the upper band, suggesting increased volatility.
- MACD & RSI: Positive MACD crossover and RSI moving toward overbought levels, signaling strong buying pressure.
