SCRT SMASHES THROUGH DAILY LOW, REVEALING WEAKNESS 📉🚨
The $SCRT price plunged to $0.0067, slicing the 24‑hour low by over 10% and erasing the recent rally from the $0.0180 peak. A decisive break of the 4‑hour order block at $0.0072 triggered a sharp sell‑off, with volume spiking to $1.5 M—well above the five‑day average—suggesting aggressive capitulation rather than routine profit‑taking. Momentum accelerators flipped negative across the altcoin sector, pulling $SCRT into a bearish divergence that aligns with the broader macro pullback in risk assets ⚠️
The $0.006733 support zone, anchored by the prior swing low, is now under intense pressure. Price action on the 15‑minute chart shows a series of lower wicks failing to hold, indicating that the order block at $0.0069 is collapsing. Should $SCRT breach this floor, the next liquidity pool sits near $0.0058, a level that has historically acted as a strong sellers’ trap. 📉
If buying re‑emerges, the first defensive barrier lies at $0.0075, followed by the mid‑range $0.01235 as a potential reversal pivot. Failure to hold $0.0075 would likely accelerate the descent toward $0.0058 and open the path for further downside pressure 🔻
DYOR
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#SCRT #GENERAL_ALTCOIN #CryptoTrending #BinanceSquare
The $SCRT price plunged to $0.0067, slicing the 24‑hour low by over 10% and erasing the recent rally from the $0.0180 peak. A decisive break of the 4‑hour order block at $0.0072 triggered a sharp sell‑off, with volume spiking to $1.5 M—well above the five‑day average—suggesting aggressive capitulation rather than routine profit‑taking. Momentum accelerators flipped negative across the altcoin sector, pulling $SCRT into a bearish divergence that aligns with the broader macro pullback in risk assets ⚠️
The $0.006733 support zone, anchored by the prior swing low, is now under intense pressure. Price action on the 15‑minute chart shows a series of lower wicks failing to hold, indicating that the order block at $0.0069 is collapsing. Should $SCRT breach this floor, the next liquidity pool sits near $0.0058, a level that has historically acted as a strong sellers’ trap. 📉
If buying re‑emerges, the first defensive barrier lies at $0.0075, followed by the mid‑range $0.01235 as a potential reversal pivot. Failure to hold $0.0075 would likely accelerate the descent toward $0.0058 and open the path for further downside pressure 🔻
DYOR
Follow for Updates
#SCRT #GENERAL_ALTCOIN #CryptoTrending #BinanceSquare