$SCR on the Rise – $0.50 in Sight❓With strong bullish momentum and consistent higher lows, #SCR is showing signs it could break past resistance and test the $0.50 zone soon. Keep your eyes peeled – momentum is heating up❗$SCR /USDT: Steady Ascent Signals a Potential Breakout
$SCR /USDT has posted a notable gain of 7.47%, currently trading at 0.374. After forming a base near 0.328, the pair has moved up with consistent higher lows, showing strength in the current trend. The price recently touched the 24-hour high at 0.384 before pulling back slightly, indicating traders are testing breakout territory.
current price: 0.374
24h high: 0.384
24h low: 0.346
24h volume (SCR): 8.14M
buy orders: 54.42%
sell orders: 45.58%
Pattern analysis
The hourly chart shows a strong V-shaped recovery followed by consolidation and continuation. The pattern resembles a bullish ascending triangle with resistance near 0.384. A breakout above that could initiate a rapid move higher.
Long trade setup
entry: 0.375
stop loss: 0.364
take profit 1: 0.382
take profit 2: 0.388
take profit 3: 0.394
As SCR/USDT inches toward the resistance zone, a breakout above 0.384 could shift momentum to a more aggressive uptrend. However, failure to break through may bring short-term selling pressure, especially if volume declines.