$SCR
$SCR 12h | Market Structure
- The overall market structure is strongly bearish, but price is pressing into a significant area where short-term relief bounces are possible (especially if there’s a stop-loss hunt/liquidity grab below 0.02690)
- Most likely scenario: A brief dip below 0.02690, followed by an attempt to bounce toward 0.02957 and 0.03224 if buyers step in aggressively after a manipulation wick
- If there’s no sign of reversal (such as a bullish engulfing or pin bar) after a sweep, avoid longing and anticipate continuation lower to 0.02364
- Confirmation for entry: Wait for clear lower timeframe reversal (engulfing, pin bar, or bullish divergence), preferably with volume spike
- If the price closes above 0.02957 with momentum, short-term bullish reversal is possible with eyes on 0.03224 and 0.03398 as next resistances
📊 Turn charts into clear trade insights.
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#SCR
$SCR 12h | Market Structure
- The overall market structure is strongly bearish, but price is pressing into a significant area where short-term relief bounces are possible (especially if there’s a stop-loss hunt/liquidity grab below 0.02690)
- Most likely scenario: A brief dip below 0.02690, followed by an attempt to bounce toward 0.02957 and 0.03224 if buyers step in aggressively after a manipulation wick
- If there’s no sign of reversal (such as a bullish engulfing or pin bar) after a sweep, avoid longing and anticipate continuation lower to 0.02364
- Confirmation for entry: Wait for clear lower timeframe reversal (engulfing, pin bar, or bullish divergence), preferably with volume spike
- If the price closes above 0.02957 with momentum, short-term bullish reversal is possible with eyes on 0.03224 and 0.03398 as next resistances
📊 Turn charts into clear trade insights.
Try Finora AI free → tinyurl.com/FinoraBot
#SCR