This correction is healthy because it’s happening after a steady trend build, not after exhaustion. $SCRT pushed higher in a controlled staircase move, then paused near the highs instead of dumping. That tells me buyers are still present and the market is just catching its breath. I’m watching how price is holding above structure rather than breaking it.

After tapping the 0.1521 area, price pulled back slightly and started consolidating. They’re building strength here — the pullback is shallow and sellers aren’t getting follow-through. This kind of behavior usually signals accumulation before continuation.

Trade Setup I’m watching:

Entry Zone: 0.1470 – 0.1500

This zone is strong because it was a previous reaction area during the climb and now acts as flipped support. It also aligns with the 0.5 retracement of the impulsive move from 0.1338 to 0.1521. Multiple candle closes in this range show buyers defending it.

Target 1: 0.1555

This is the first resistance just above the recent high where price may pause.

Target 2: 0.1620 – 0.1650

This is the next expansion zone and liquidity area if momentum continues.

Stop Loss: 0.1415

If this level breaks, the higher-low structure fails and the setup is invalid.

I’m watching how SCRT behaves around this support. If this level holds, buyers stay in control and continuation becomes the higher-probability move. The way price is compressing here tells me they’re preparing for another push up.

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