SCRT SLIDES THROUGH KEY SUPPORT đâ ïž
$SCRT erupted into a steep sellâoff today, carving a 23.66% loss and snapping the $0.01800 high with a decisive orderâblock breach on the 15âminute chart. Volume surged past $1.5âŻM, confirming macroâasset accumulation is fleeing the token as sellers flood the market đš. Momentum histograms have turned sharply negative, and the 4âhour RSI is entrenched below 30, signalling accelerating bearish pressure.
The price now hugs the $0.006733 support zone, a former demand pocket that held during the last correction. A break below $0.00670 would expose the next liquidity layer near $0.0055, while a bounce back to $0.0075 could reâignite buying interest and set the stage for a retest of the $0.01235 midârange đ. Until clear buying absorption appears, the downside bias remains intact, and traders should monitor $0.00670 and $0.0055 as critical thresholds.
Given the rapid orderâblock erosion, riskâon capital is likely to stay on the sidelines, so position sizing should be tightened and stopâlosses anchored just above $0.0070 to preserve capital đ
DYOR
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#SCRT #GENERAL_ALTCOIN #CryptoTrending #BinanceSquare
$SCRT erupted into a steep sellâoff today, carving a 23.66% loss and snapping the $0.01800 high with a decisive orderâblock breach on the 15âminute chart. Volume surged past $1.5âŻM, confirming macroâasset accumulation is fleeing the token as sellers flood the market đš. Momentum histograms have turned sharply negative, and the 4âhour RSI is entrenched below 30, signalling accelerating bearish pressure.
The price now hugs the $0.006733 support zone, a former demand pocket that held during the last correction. A break below $0.00670 would expose the next liquidity layer near $0.0055, while a bounce back to $0.0075 could reâignite buying interest and set the stage for a retest of the $0.01235 midârange đ. Until clear buying absorption appears, the downside bias remains intact, and traders should monitor $0.00670 and $0.0055 as critical thresholds.
Given the rapid orderâblock erosion, riskâon capital is likely to stay on the sidelines, so position sizing should be tightened and stopâlosses anchored just above $0.0070 to preserve capital đ
DYOR
Follow for Updates
#SCRT #GENERAL_ALTCOIN #CryptoTrending #BinanceSquare