SCRT SLIDES THROUGH KEY SUPPORT šā ļø
$SCRT erupted into a steep sellāoff today, carving a 23.66% loss and snapping the $0.01800 high with a decisive orderāblock breach on the 15āminute chart. Volume surged past $1.5āÆM, confirming macroāasset accumulation is fleeing the token as sellers flood the market šØ. Momentum histograms have turned sharply negative, and the 4āhour RSI is entrenched below 30, signalling accelerating bearish pressure.
The price now hugs the $0.006733 support zone, a former demand pocket that held during the last correction. A break below $0.00670 would expose the next liquidity layer near $0.0055, while a bounce back to $0.0075 could reāignite buying interest and set the stage for a retest of the $0.01235 midārange š. Until clear buying absorption appears, the downside bias remains intact, and traders should monitor $0.00670 and $0.0055 as critical thresholds.
Given the rapid orderāblock erosion, riskāon capital is likely to stay on the sidelines, so position sizing should be tightened and stopālosses anchored just above $0.0070 to preserve capital š
DYOR
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#SCRT #GENERAL_ALTCOIN #CryptoTrending #BinanceSquare
$SCRT erupted into a steep sellāoff today, carving a 23.66% loss and snapping the $0.01800 high with a decisive orderāblock breach on the 15āminute chart. Volume surged past $1.5āÆM, confirming macroāasset accumulation is fleeing the token as sellers flood the market šØ. Momentum histograms have turned sharply negative, and the 4āhour RSI is entrenched below 30, signalling accelerating bearish pressure.
The price now hugs the $0.006733 support zone, a former demand pocket that held during the last correction. A break below $0.00670 would expose the next liquidity layer near $0.0055, while a bounce back to $0.0075 could reāignite buying interest and set the stage for a retest of the $0.01235 midārange š. Until clear buying absorption appears, the downside bias remains intact, and traders should monitor $0.00670 and $0.0055 as critical thresholds.
Given the rapid orderāblock erosion, riskāon capital is likely to stay on the sidelines, so position sizing should be tightened and stopālosses anchored just above $0.0070 to preserve capital š
DYOR
Follow for Updates
#SCRT #GENERAL_ALTCOIN #CryptoTrending #BinanceSquare