๐จ BULLISH ALERT! $SCRT /USDT Primed for Takeoff? ๐
Traders, buckle up! SCRT/USDT is flashing some serious bullish signals, and Iโm keeping a close eye on it. Letโs break it down:
๐ Price Surge: SCRT is currently trading at $0.2483, up +10.95% today! This kind of momentum is hard to ignore.
๐ Breaking Resistance: The price has broken through the Moving Average Triple (14, 21, 35) resistance, a classic bullish signal that hints at further upside!
๐ข Volume Increase: A solid spike in trading volume is backing up this move, showing growing interest and strong buyer participation.
๐ Positive Divergence on AO: (If applicable) If the Awesome Oscillator (AO) is showing positive divergence, itโs another confirmation of a potential trend reversal.
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๐ฅ Entry Strategy:
๐น Entry Point: A good entry could be around $0.2483 or on a retest of the broken resistance at $0.2460.
๐น Stop Loss: Managing risk is keyโconsider placing a stop-loss below recent lows or key support (e.g., $0.2380).
๐น Target Price: Next resistance levels or Fibonacci extensions could be solid targets
.Breakout Confirmation: A strong move above $0.2650 could send SCRT toward $0.2800+.
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โ ๏ธ Important Considerations:
โ Confirmation is Key: A sustained hold above resistance adds confidence to the trade.
โ Market Volatility: Crypto moves fastโexpect swings and trade accordingly.
โ Risk Management: Never risk more than you can afford to loseโuse stop-loss orders to protect your capital.
What do you think? ๐ค Are you seeing the same signals? Drop your thoughts, entry strategies, and price targets in the comments! ๐
