$SCRT /USDT – Sharp Pullback, Watching for Base Formation
Momentum Analysis
SCRT is under heavy short-term pressure (-16.29%) and trading near the lower Bollinger Band (DN: 0.1619). Momentum indicators remain bearish (MACD below zero), suggesting sellers still control the tape. That said, price is hovering just above intraday support, where relief bounces often start if volume stabilizes.
Long Setup (Counter-Trend, Low Risk Only)
Entry Zone: 0.1600 – 0.1650 (near DN band & intraday base)
Targets:
T1: 0.1730 (prior intraday pivot)
T2: 0.1890 (BOLL mid / breakdown zone)
T3: 0.2060 (trend resistance)
Stop Loss: 0.1540 (clean break below base invalidates)
Breakout / Reversal Confirmation
Reclaim & hold: 0.1750 (BOLL MB) with rising volume.
Key Support
Primary: 0.1600 – 0.1620
Last line: 0.1540
Pro Tip
This is not a momentum long yet. Treat it as a mean-reversion scalp until price reclaims 0.1750. If volume expands on a hold above MB, then swing setups become valid; otherwise, keep size small or wait.
Snapshot
Price: 0.1660
24h High / Low: 0.1987 / 0.1645
24h Volume: 24.40M SCRT | 4.33M USDT
Bands (25,2): UP 0.1880 | MB 0.1750 | DN 0.1619
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