$SCRT has been quite active these days. On the chart, it shows a volume-driven decline, with a single-day drop of over 18%. From the holdings data, this is definitely a panic liquidation caused by long positions being forcibly closed, not a mild technical correction.

How to interpret the technical aspect? A large bearish candle accompanied by obvious volume expansion indicates panic selling dominating the market, with a strong desire to exit. Looking at the support structure below, it’s basically empty, which explains why this decline is particularly sharp.

**Trading perspective:**

A short-selling approach can be considered. Enter the position within the range of 0.148-0.152, set the stop-loss at 0.162 (this must not be moved), and target two levels—first at 0.135, then extending the second target to 0.120.

Rebound in the short term? Don’t be optimistic. As long as there’s no clear bottom absorption signal, any small rebound is an opportunity to re-enter short positions. The market logic is clear—longs are still being liquidated, and a quick rebound is a good chance to go short again.

In summary, the nature of this decline is very clear; the market is using actual actions to confirm that this is not a false signal.