$SCR jumped 5.59% to $0.02776, giving it a 40% swing on the daily chart. On the 4‑hour timeframe the bias is bullish, but the 15‑minute candles are still fighting lower and the RSI sits at 45.7, indicating fragile momentum.
Key levels:
- Support: $0.02751 (break below $0.02742 opens a path to $0.02537)
- Resistance: $0.02975 (a clean close above this could push the price toward the next ceiling at $0.03043)
If $SCR holds above $0.02751 and breaks $0.02975, the next target is $0.03043. Conversely, a slip under $0.02742 would likely trigger a move toward $0.02537.
Can the short‑term bearish pressure be tamed enough for a higher breakout?
Key levels:
- Support: $0.02751 (break below $0.02742 opens a path to $0.02537)
- Resistance: $0.02975 (a clean close above this could push the price toward the next ceiling at $0.03043)
If $SCR holds above $0.02751 and breaks $0.02975, the next target is $0.03043. Conversely, a slip under $0.02742 would likely trigger a move toward $0.02537.
Can the short‑term bearish pressure be tamed enough for a higher breakout?