SCRT SLIDES DEEP INTO SUPPORT ZONE 🔻📉
On the 4‑hour chart $SCRT ripped through the $0.0085 order block, dragging the price 22 % lower into the $0.0067 support corridor. The sell‑off was accompanied by a 1.7× spike in 24‑hour volume, indicating that macro‑asset accumulation is rotating out of marginal altcoins and into higher‑yield instruments. Momentum accelerators turned negative, pushing the ticker well below its mid‑range $0.01235 and eroding the previous bullish bias 😬
The $0.006733 zone now acts as the decisive test point. A clean hold could generate a short‑term bounce toward the $0.0082‑$0.0090 band, while a breach would open a path to the next liquidity pool near $0.0055. Order flow suggests sellers are still dominant, and the lack of buying interest at the low reinforces a structural weakness rather than a healthy correction ⚠️
Watch for a decisive candle on the 1‑hour timeframe; a close above $0.0090 would re‑establish the broken order block and hint at a potential reversal, whereas a close below $0.0065 would confirm a deeper breakdown and likely draw further downside pressure 📉
DYOR
Follow for Updates
#SCRT #GENERAL_ALTCOIN #CryptoTrending #BinanceSquare
On the 4‑hour chart $SCRT ripped through the $0.0085 order block, dragging the price 22 % lower into the $0.0067 support corridor. The sell‑off was accompanied by a 1.7× spike in 24‑hour volume, indicating that macro‑asset accumulation is rotating out of marginal altcoins and into higher‑yield instruments. Momentum accelerators turned negative, pushing the ticker well below its mid‑range $0.01235 and eroding the previous bullish bias 😬
The $0.006733 zone now acts as the decisive test point. A clean hold could generate a short‑term bounce toward the $0.0082‑$0.0090 band, while a breach would open a path to the next liquidity pool near $0.0055. Order flow suggests sellers are still dominant, and the lack of buying interest at the low reinforces a structural weakness rather than a healthy correction ⚠️
Watch for a decisive candle on the 1‑hour timeframe; a close above $0.0090 would re‑establish the broken order block and hint at a potential reversal, whereas a close below $0.0065 would confirm a deeper breakdown and likely draw further downside pressure 📉
DYOR
Follow for Updates
#SCRT #GENERAL_ALTCOIN #CryptoTrending #BinanceSquare