$SCRT Potential Bullish Reversal | 1H Timeframe
A long liquidation near $0.1669 has cleared over-leveraged positions. This kind of flush often creates a base for a short-term bounce if buyers defend the zone.
Key Levels
Immediate Support: $0.167 – $0.165
Major Support: $0.160
Resistance: $0.172 → $0.180
Trade Setup (Bullish Bias)
Entry: Buy near $0.167–$0.165 support zone
or on a clean break & close above $0.172
Targets:
TP1: $0.172
TP2: $0.180
TP3: $0.190
Stop Loss: Below $0.160
Market Sentiment The liquidation sweep suggests weak longs are out. Holding above support could invite dip buyers and trigger a relief rally toward upper resistance zones.
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SCRT
0.0858
-7.64%
