$SC
🔥🔥$SC rebounds from the bottom... Has the bleeding stopped?🔥🔥
Technical analysis:
$SC is at 0.000785$, up slightly by +0.13%, but the current candle is -4.37%. The 4-hour chart reveals a bearish trap: a rise from 0.000755$ to 0.000865$, followed by a free fall back to 0.000755$ as strong support, and a rebound on volume of 114.31M.
The coin is down -61.34% year over year and -22.30% over the month, putting it at an all-time low. This alone presents an opportunity for risk-takers, but the risk is high.
Trading plan:
1. Buy:
Entry: Hold above 0.000788$ and close above 0.000800$
Target 1: 0.000830$
Target 2: 0.000865$
Stop: A break below 0.000755$ means the low has been broken = exit immediately
2. Sell:
Entry: Break below 0.000784$
Target 1: 0.000755$
Target 2: 0.000730$
Stop: 0.000800$
#sc
#AMANDABELLA
#OCCRemovesStablecoinSevenDayRedemptionExtension
#MarketsPriceJust10%ChanceOfFedHikeNextWeek
#DowDrops653Points
🔥🔥$SC rebounds from the bottom... Has the bleeding stopped?🔥🔥
Technical analysis:
$SC is at 0.000785$, up slightly by +0.13%, but the current candle is -4.37%. The 4-hour chart reveals a bearish trap: a rise from 0.000755$ to 0.000865$, followed by a free fall back to 0.000755$ as strong support, and a rebound on volume of 114.31M.
The coin is down -61.34% year over year and -22.30% over the month, putting it at an all-time low. This alone presents an opportunity for risk-takers, but the risk is high.
Trading plan:
1. Buy:
Entry: Hold above 0.000788$ and close above 0.000800$
Target 1: 0.000830$
Target 2: 0.000865$
Stop: A break below 0.000755$ means the low has been broken = exit immediately
2. Sell:
Entry: Break below 0.000784$
Target 1: 0.000755$
Target 2: 0.000730$
Stop: 0.000800$
#sc
#AMANDABELLA
#OCCRemovesStablecoinSevenDayRedemptionExtension
#MarketsPriceJust10%ChanceOfFedHikeNextWeek
#DowDrops653Points
