$SCR is showing renewed strength after a clean rebound from the intraday low near 0.082. Price is currently trading around 0.085, up +1.19% over the last 24 hours, with rising activity and improving structure. After a brief consolidation phase, the latest candles suggest a breakout attempt above short-term resistance.
On the 1H timeframe, bullish candles with strong bodies are forming after a clear rejection from lower levels. This indicates buyers stepping in with intent, and momentum gradually shifting in favor of the upside. Volume expansion near resistance will be the key confirmation.
Trade Setup
• Entry Zone: 0.0835 – 0.0850
• Target 1: 0.0865
• Target 2: 0.0890
• Target 3: 0.0930
• Stop Loss: 0.0818
If 0.086 is reclaimed and held with solid volume, SCR can accelerate into a stronger continuation move. The structure favors higher highs as long as price remains above the 0.082 support zone. A confirmed breakout could open the door for a broader rally in the short to mid term.
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SCR
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