🔴 $SCR Short Trade Setup | Bearish Momentum Building
After analyzing the charts, I believe $SCR is showing signs of weakening momentum, and a short opportunity may be developing.
📍 Entry: 0.01868
🛑 Stop Loss: 0.01962
🎯 Targets:
• TP1: 0.01821
• TP2: 0.01774
• TP3: 0.01727
⚠️ Risk Management: Move your stop-loss to breakeven once TP1 is reached to protect your capital.
📊 Technical Outlook:
- On the 1H chart, the RSI and EMA indicators are signaling a potential bearish momentum shift.
- On the 1D timeframe, the price remains below the EMA50, indicating that the broader trend is still bearish and supporting this short setup.
This trade is based on my own technical analysis. Always use proper risk management, never skip your stop-loss, and DYOR before entering any position.
After analyzing the charts, I believe $SCR is showing signs of weakening momentum, and a short opportunity may be developing.
📍 Entry: 0.01868
🛑 Stop Loss: 0.01962
🎯 Targets:
• TP1: 0.01821
• TP2: 0.01774
• TP3: 0.01727
⚠️ Risk Management: Move your stop-loss to breakeven once TP1 is reached to protect your capital.
📊 Technical Outlook:
- On the 1H chart, the RSI and EMA indicators are signaling a potential bearish momentum shift.
- On the 1D timeframe, the price remains below the EMA50, indicating that the broader trend is still bearish and supporting this short setup.
This trade is based on my own technical analysis. Always use proper risk management, never skip your stop-loss, and DYOR before entering any position.