🚨 $SCRT SHORT 🚨
🎯 Targets:
TP1: $0.0895 (4H MB)
TP2: $0.0857 (24h Low)
TP3: $0.0830 (Next support)
📉 Why Short:
• Price approaching upper Bollinger resistance across multiple timeframes (0.0920–0.0939)
• Volume declining sharply (current < MA5) – momentum fading
• RSI(14) at 54–61 (neutral, not overbought) but RSI(6) at 64–69 suggests short-term exhaustion
• 7D performance -1.18%, 30D -39% – longer-term downtrend intact
• Rejection wicks visible at 24h high (0.0935)
🔑 Levels:
Resistance: $0.0935 / $0.0940
Support: $0.0895 / $0.0857 / $0.0830
⚡ Entry: $0.0915 – $0.0925
🛑 SL: $0.0945 (2.5% risk)
📈 R/R: 3:1 to TP2
⚠️ Risk: Missing order book data; RSI not overbought could allow further grind up. Wait for confirmation below $0.0910.