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SCR is currently making a shallow stepwise rebound around 0.071. The price is just above the 7/25 hourly moving average (about 0.070), but has not yet broken above the 99-hour moving average (about 0.077), which makes this position cautiously bullish.
The key point to watch is whether it can effectively break through the resistance at 0.077-0.08. Once it surpasses this level, it is expected to surge towards the 0.085-0.095 range, where a high close to 0.097 was previously recorded.
On the downside, the support levels are at 0.068-0.066 as the first line of defense, with the swing low at 0.066 serving as a stronger support.
Volume is quite interesting — although there have been a few spikes in buying activity, overall it remains moderate. To see a genuine continuation of the upward trend, the price must stabilize above the 99-hour moving average and be accompanied by a significant increase in volume. Currently, it’s still in the observation phase.