$SCRT latest market update š
Long/Short: Ranging
Entry: 0.02704ā0.02752
Stop loss: 0.02642
Targets: 0.02778/0.02817/0.02867
Analysis: Oh man, SCRTās price action is really testing peopleās patience. This morning I noticed the market kept grinding; the EMA barely movedāit feels like itās just circling in a range. RSI has also reached 70, which gives a bit of an overbought vibe. But the key is still the support level at 0.026420. If it breaks below that, the market may continue to grind even more; otherwise, thereās a chance it could bounce a bit. For trading, donāt be too aggressiveābest to try with a light position first. Make sure risk control is solid; set the stop loss at 0.026420, because that level is quite crucial. Thatās how the range trade goesābe patient, donāt rush!
Risk reminder: Recommended stop loss: 0.026420, please adjust position size according to your own risk tolerance
#SCRT
Long/Short: Ranging
Entry: 0.02704ā0.02752
Stop loss: 0.02642
Targets: 0.02778/0.02817/0.02867
Analysis: Oh man, SCRTās price action is really testing peopleās patience. This morning I noticed the market kept grinding; the EMA barely movedāit feels like itās just circling in a range. RSI has also reached 70, which gives a bit of an overbought vibe. But the key is still the support level at 0.026420. If it breaks below that, the market may continue to grind even more; otherwise, thereās a chance it could bounce a bit. For trading, donāt be too aggressiveābest to try with a light position first. Make sure risk control is solid; set the stop loss at 0.026420, because that level is quite crucial. Thatās how the range trade goesābe patient, donāt rush!
Risk reminder: Recommended stop loss: 0.026420, please adjust position size according to your own risk tolerance
#SCRT