SCRT PLUNGES DEEP INTO RED 📉⚡
$SCRT shattered the 4‑hour order block that anchored the asset near $0.01235 and plunged through the $0.006733 support cluster, slashing the price to $0.00710, a 22.83% drop in 24 h. Volume spiked to $1.5 M, indicating aggressive order‑flow exhaustion as macro‑asset accumulation pivots away from the token. Momentum oscillators have turned sharply negative, confirming an acceleration of downside pressure that is unlikely to be a fleeting dip 😟
The next structural barrier sits at the $0.00670 low, a zone that has held in previous sell‑offs; a break below would expose $SCRT to the $0.0055‑$0.0050 corridor, deepening the correction. Conversely, a bounce off the $0.006733 floor could trigger a short‑term retrace toward the $0.0085‑$0.0095 range, offering a tentative reversal target. Traders should watch the 1‑hour order block around $0.0070 for a decisive test – a clean close below would cement a bearish breakdown, while a bullish candle reclaiming that level may signal the start of a corrective rally ⚡📉
DYOR
Follow for Updates
#SCRT #GENERAL_ALTCOIN #CryptoTrending #BinanceSquare
$SCRT shattered the 4‑hour order block that anchored the asset near $0.01235 and plunged through the $0.006733 support cluster, slashing the price to $0.00710, a 22.83% drop in 24 h. Volume spiked to $1.5 M, indicating aggressive order‑flow exhaustion as macro‑asset accumulation pivots away from the token. Momentum oscillators have turned sharply negative, confirming an acceleration of downside pressure that is unlikely to be a fleeting dip 😟
The next structural barrier sits at the $0.00670 low, a zone that has held in previous sell‑offs; a break below would expose $SCRT to the $0.0055‑$0.0050 corridor, deepening the correction. Conversely, a bounce off the $0.006733 floor could trigger a short‑term retrace toward the $0.0085‑$0.0095 range, offering a tentative reversal target. Traders should watch the 1‑hour order block around $0.0070 for a decisive test – a clean close below would cement a bearish breakdown, while a bullish candle reclaiming that level may signal the start of a corrective rally ⚡📉
DYOR
Follow for Updates
#SCRT #GENERAL_ALTCOIN #CryptoTrending #BinanceSquare