$SCR Trading Opportunity Alert!
Technical Setup: $SCR is breaking out of an ascending triangle on the 4H chart, confirming a strong bullish trend. Current price at $0.85, with a 24H volume surge (+90% to $110M). RSI at 62 signals robust momentum without overbought conditions, and MACD shows a bullish crossover with expanding histogram bars.
Entry Zone: $0.82–$0.87 for a high-probability setup.
Stop Loss: $0.77 to manage volatility risks.
Targets:
TP1: $0.95 (+12%)
TP2: $1.10 (+29%)
TP3: $1.40 (+65%)
Why $SCR ?
X posts highlight Scroll’s zkEVM Layer 2 for Ethereum, with zero-knowledge proofs driving security and scalability. Recent listings on top exchanges and a $1.8B market cap fuel bullish sentiment. Sentiment targets $1.00–$1.50 short-term, with VCs buying at $1.80 in the last round.
Strategy: Enter on a pullback to $0.84 with volume confirmation. Take profits at TP1 to secure gains, trail stops for TP2/TP3 if momentum persists. Crypto markets are volatile—use strict risk management (1-2% account risk per trade).
Traders, this L2 gem is ready to scroll higher! DYOR and trade responsibly!
