$SCRT /USDT SHORT TRADE SETUP
$SCRT is currently trading at 0.1916, showing signs of a potential reversal after reaching a 24h high of 0.1966. The 15m chart displays a rejection at the local peak, with increasing selling pressure near historical resistance zones. Despite the +20.13% daily gain, short-term technical indicators like the RSI and multiple moving averages on various timeframes have flashed "Sell" and "Strong Sell" signals, suggesting the current rally may be overextended.
Target Points
TP1: 0.1820
TP2: 0.1730
TP3: 0.1650
Stop Loss
Set stop loss above 0.2010 to manage risk against a continued bullish breakout.
Buy and Trade here on $SCRT
SCRTUSDT
Perp
0.1332
-7.82%