📉 $SCRT Technical Analysis | 4H
Bias: Bearish 📉
The current technical structure for $SCRT favors the bearish side following a sharp 21% decline over the last 24 hours. The price is trading significantly below both the EMA 20 and EMA 50, with the short-term average positioned below the long-term average, confirming a sustained downward trend.
📊 Technical Indicators:
• EMA20: 0.0090
• EMA50: 0.0114
• RSI14: 33.12
• MACD: -0.0010
• 24H Change: -21.11%
🔻 Key Support: 0.0067
🔺 Key Resistance: 0.018
Downside pressure remains visible as the MACD stays below its signal line with a negative histogram. While the RSI indicates weak momentum, the asset is currently hovering just above its primary support level at 0.0067. A recovery above immediate resistance would be necessary to weaken the current bearish setup, but for now, the trend remains under seller control.
⚠️ Technical analysis only. Not financial advice.
#SCRT #SecretNetwork #Crypto #TechnicalAnalysis #Binance
Bias: Bearish 📉
The current technical structure for $SCRT favors the bearish side following a sharp 21% decline over the last 24 hours. The price is trading significantly below both the EMA 20 and EMA 50, with the short-term average positioned below the long-term average, confirming a sustained downward trend.
📊 Technical Indicators:
• EMA20: 0.0090
• EMA50: 0.0114
• RSI14: 33.12
• MACD: -0.0010
• 24H Change: -21.11%
🔻 Key Support: 0.0067
🔺 Key Resistance: 0.018
Downside pressure remains visible as the MACD stays below its signal line with a negative histogram. While the RSI indicates weak momentum, the asset is currently hovering just above its primary support level at 0.0067. A recovery above immediate resistance would be necessary to weaken the current bearish setup, but for now, the trend remains under seller control.
⚠️ Technical analysis only. Not financial advice.
#SCRT #SecretNetwork #Crypto #TechnicalAnalysis #Binance
