SCR CRUSHED BELOW KEY ORDER BLOCK đâ ď¸
$SCR slammed through the 4âhour order block around $0.030, ripping a shortâterm accumulation pocket that had steadied the market since the previous session. The downâtick was backed by $45.2âŻM of futures volume, a clear sign that institutionalâscale liquidation is driving the move. Momentum indicators have turned sharply negative, with RSI slipping into oversold territory and the MACD histogram diving deeper into bearish divergence. đ
The price is now probing the immediate support zone at $0.02639, having touched a new low of $0.02626 just below the last structural foothold. If buying pressure can absorb the sellâside aggression, the dip may represent a corrective retracement toward the midârange $0.03068. Conversely, a failure to hold the $0.02639 band would signal a deeper structural breakdown, opening the path toward lower liquidity pools near $0.0245. â ď¸
Levels to monitor:
Watching support around $0.02639
Structure suggests resistance near $0.03492
Mid range area: $0.03068.đ
DYOR
Follow for Updates
#SCR #GENERAL_ALTCOIN #CryptoTrending #BinanceSquare
$SCR slammed through the 4âhour order block around $0.030, ripping a shortâterm accumulation pocket that had steadied the market since the previous session. The downâtick was backed by $45.2âŻM of futures volume, a clear sign that institutionalâscale liquidation is driving the move. Momentum indicators have turned sharply negative, with RSI slipping into oversold territory and the MACD histogram diving deeper into bearish divergence. đ
The price is now probing the immediate support zone at $0.02639, having touched a new low of $0.02626 just below the last structural foothold. If buying pressure can absorb the sellâside aggression, the dip may represent a corrective retracement toward the midârange $0.03068. Conversely, a failure to hold the $0.02639 band would signal a deeper structural breakdown, opening the path toward lower liquidity pools near $0.0245. â ď¸
Levels to monitor:
Watching support around $0.02639
Structure suggests resistance near $0.03492
Mid range area: $0.03068.đ
DYOR
Follow for Updates
#SCR #GENERAL_ALTCOIN #CryptoTrending #BinanceSquare