Buying opportunity after a strong rebound
The SCR currency has strongly rebounded from a low of $0.342 to $0.393, supported by noticeable buying momentum and high trading volume. The strong green candles indicate effective bulls' intervention after the decline, opening the door for continued upward movement towards higher levels if the momentum persists.
📊 Suggested trading settings:
Entry range: $0.388 – $0.393
Stop loss: Below $0.374
First target: $0.405
Second target: $0.420
⚡ Technical notes:
Breaking resistance at $0.394 may pave the way for further upward movement, but it is essential to monitor trading volume to confirm the continuation of buying pressure.
