SCRT this wave of market movement still has potential. After a 15% volume increase, it strongly broke through, with buying pressure continuously absorbing on the chart, and open interest also rising — this clearly indicates the entry of major players, not just a short squeeze.



From a technical perspective, the breakout was accompanied by a significant increase in trading volume, and the growth in open interest has also kept pace, signaling capital inflow. After the price broke through, there was no quick retracement, indicating that selling pressure has been largely absorbed. The current K-line structure points to the beginning of a new wave of upward momentum.

If you want to participate, the entry zone is around 0.1580-0.1620, with a stop-loss set at 0.1520 (rigid stop-loss, don’t be confused). The upward targets are twofold: first at 0.1750, then further up to 0.1900.

The key is to hold above the breakout area. As long as the price does not break below, the upward path will become very clear.
SCRT2.26%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 9
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned