📊 $SCRT | Retesting Key Horizontal — 24% Rally Setup! 🔐
Current Price: $0.0840
📌 Pattern: Major horizontal support/resistance zone retest on daily
Old resistance → broke → came back to retest → holding as support now ✅
🎯 Trade Setup:
📥 Entry : $0.0820 – $0.0850 (current)
🎯 TP 1 : $0.0940
🎯 TP 2 : $0.1050 (+24%)
🎯 TP 3 : $0.1150
🛑 SL : $0.0720
Risk:Reward = 1:4+ ✅
💡 Chart Reading:
🔲 Horizontal zone $0.0850–$0.0880 = held as resistance for months
🔁 Price broke above → pulled back → now retesting = classic flip
🟢 Support holding at $0.0800 = buyers defending
📐 Measured move = +23.91% from current level
⚡ Compression at key level = spring loaded
⚠️ Key Levels:
✅ Confirm : Daily close above $0.0880
🟢 Support : $0.0800 must hold
❌ Invalidate : Drop below $0.0720
💡 Honest Take:
SCRT pulled back hard from $0.1250 → $0.0800 = 36% correction. Now sitting exactly on the breakout retest zone. Clean entry, defined risk, clear target. One of the tidiest setups on the board today. 🎯
⚠️ Not financial advice. DYOR.
💬 Loading $SCRT here? Drop your TP! 👇
