SCRT PLUNGES INTO DEEP CORRECTION đâĄ
The $SCRT token slid to $0.00710, carving a 22.8% drop and ripping through the $0.01235 midârange 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 $1.5âŻM, indicating that macroâfunds are reallocating away from riskâon altcoins and accelerating the downâmomentum đ
Given the depth of the sellâoff, the move looks more like a structural breakdown than a routine pullâback. 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 shortâcover rally, though the current order flow suggests further downside is still favored âĄ
DYOR
Follow for Updates
#SCRT #GENERAL_ALTCOIN #CryptoTrending #BinanceSquare
The $SCRT token slid to $0.00710, carving a 22.8% drop and ripping through the $0.01235 midârange 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 $1.5âŻM, indicating that macroâfunds are reallocating away from riskâon altcoins and accelerating the downâmomentum đ
Given the depth of the sellâoff, the move looks more like a structural breakdown than a routine pullâback. 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 shortâcover rally, though the current order flow suggests further downside is still favored âĄ
DYOR
Follow for Updates
#SCRT #GENERAL_ALTCOIN #CryptoTrending #BinanceSquare