SCRT SLIDES THROUGH KEY SUPPORT 📉⚠️
$SCRT erupted into a steep sell‑off today, carving a 23.66% loss and snapping the $0.01800 high with a decisive order‑block breach on the 15‑minute chart. Volume surged past $1.5 M, confirming macro‑asset accumulation is fleeing the token as sellers flood the market 🚨. Momentum histograms have turned sharply negative, and the 4‑hour RSI is entrenched below 30, signalling accelerating bearish pressure.
The price now hugs the $0.006733 support zone, a former demand pocket that held during the last correction. A break below $0.00670 would expose the next liquidity layer near $0.0055, while a bounce back to $0.0075 could re‑ignite buying interest and set the stage for a retest of the $0.01235 mid‑range 📈. Until clear buying absorption appears, the downside bias remains intact, and traders should monitor $0.00670 and $0.0055 as critical thresholds.
Given the rapid order‑block erosion, risk‑on capital is likely to stay on the sidelines, so position sizing should be tightened and stop‑losses anchored just above $0.0070 to preserve capital 🛑
DYOR
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