SCRT PLUNGES INTO DEEP CORRECTION 📉⚡
The $SCRT token slid to $0.00710, carving a 22.8% drop and ripping through the $0.01235 mid‑range order block that had held since the last rally. The breach erased the bullish bias, pushing the price into the $0.006733 support zone where sellers have now absorbed the remaining liquidity. Volume held steady at $1.5 M, indicating that macro‑funds are reallocating away from risk‑on altcoins and accelerating the down‑momentum 📉
Given the depth of the sell‑off, the move looks more like a structural breakdown than a routine pull‑back. The $0.006733 floor is now the critical test; a decisive hold could form a new demand pocket, while a break below $0.0065 would open the path to the $0.0050 psychological barrier. Keep an eye on the $0.01791 resistance as a potential ceiling for any short‑cover rally, though the current order flow suggests further downside is still favored ⚡
DYOR
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#SCRT #GENERAL_ALTCOIN #CryptoTrending #BinanceSquare
The $SCRT token slid to $0.00710, carving a 22.8% drop and ripping through the $0.01235 mid‑range order block that had held since the last rally. The breach erased the bullish bias, pushing the price into the $0.006733 support zone where sellers have now absorbed the remaining liquidity. Volume held steady at $1.5 M, indicating that macro‑funds are reallocating away from risk‑on altcoins and accelerating the down‑momentum 📉
Given the depth of the sell‑off, the move looks more like a structural breakdown than a routine pull‑back. The $0.006733 floor is now the critical test; a decisive hold could form a new demand pocket, while a break below $0.0065 would open the path to the $0.0050 psychological barrier. Keep an eye on the $0.01791 resistance as a potential ceiling for any short‑cover rally, though the current order flow suggests further downside is still favored ⚡
DYOR
Follow for Updates
#SCRT #GENERAL_ALTCOIN #CryptoTrending #BinanceSquare