$SC $SC 12h Price Chart Analysis: - The chart shows strong bullish pressure building, and if the price can break and close above 0.001028 with confirmation, I expect it to rise toward 0.001065 and then 0.001128.
- If there’s a failed attempt and a clear rejection (e.g., a lower high and bearish engulfing candle), a pullback to 0.000993 or even 0.000943 is likely before any further attempt to go up.
- My ideal trade setup: Wait for a confirmed breakout above 0.001028 with a retest and reversal sign, then go long, taking profit at 0.001065 and 0.001128. Stop-loss should be set just below a recent swing low.
- If price fails and rejects strongly at 0.001028, look for short opportunities toward 0.000993 and 0.000978, with a stop-loss above the resistance.
- My bias turns bearish if 0.000993 or especially 0.000943 is lost on a daily close, which would likely send price back to the swing low at 0.000872.
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