$SCRT /USDT Technical Analysis and Trade Signal
Current Price: $1.046
Trend: Bullish (up 10.45% in 24 hours)
Momentum: Strong buying momentum with increasing volume.
Trade Signal
Entry Zone: $1.040–$1.050
Stop Loss: $0.995 (below recent support level)
Target Levels 🎯
1. Target 1: $1.061 (Immediate resistance, short-term profit)
2. Target 2: $1.080 (Next key resistance zone)
3. Target 3: $1.120 (Potential breakout level if momentum sustains)
Trade Momentum
Indicators:
RSI: Likely near overbought (watch for signs of cooling off).
MACD: Bullish crossover, confirming upward momentum.
Volume: High and rising, supporting the price action.
Risk Management
Ensure tight stop-loss and adjust as targets are met.
Monitor volume and depth for potential reversals near resistance levels.
This setup is favorable for short-term traders riding the bullish momentum.
