The $SCR /USDT pair is exhibiting strong bullish momentum on the 15-minute chart, currently trading at 0.703 with a significant increase of +23.33% over the last 24 hours.
Key resistance to watch is positioned at 0.745, a level that, if breached, could signal further upward movement and attract additional buying interest. On the downside, the nearest support lies around 0.644, providing a buffer for potential price retracements.
An optimal entry for this trade could be set near 0.690, capturing a potential upswing if the bullish trend continues.For profit-taking, consider setting Take Profit (TP) targets at TP1: 0.725, TP2: 0.735, and TP3: 0.750, allowing for staggered exits as the price advances.
To protect against downside risks, a Stop Loss (SL) near 0.635 is recommended, positioned just below the support level to safeguard against any sharp reversals.
Traders should monitor the price closely, as the current momentum could lead to swift moves in either direction, especially near the resistance zone.
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