$SCR tirding signal đš
Based on the SCR/USDT chart:
Current Price: $1.144, with a 24-hour high of $1.450 and low of $0.800, indicating significant volatility.
Moving Averages: The price is below the MA(25) ($1.261) and MA(99) ($1.335), suggesting a bearish trend.
Support Level: Strong support is observed around $0.800, as seen from the recent bounce.
Resistance Level: Immediate resistance lies near $1.25, where the MA(25) intersects.
Long Entry: Consider a long position if the price breaks above $1.26, targeting $1.40.
Short Entry: Shorting is viable below $1.10, aiming for a decline towards $1.00 or even $0.90.
Stop Loss: Place a stop loss at $1.28 for long trades and $1.20 for short positions.
The analysis suggests caution due to the high volatility and recent price movements.
