SCR token shows interesting resilience with a 5.4% gain over the past 24 hours amid broader market pullbacks. The bounce seems triggered by a supply-side squeeze—a major exchange halted token transfers, which immediately clamped down on selling pressure.



From a technical angle, RSI readings hit oversold territory, setting up this relief rally. The narrative got some fresh fuel too: Rainbow Wallet just integrated SCR, adding utility to the ecosystem.

Key levels to track: The $0.073 support zone remains critical—that's where buyers have been stepping in. On the upside, $0.103 acts as the nearest resistance point. The move looks driven primarily by liquidity shifts rather than fundamental catalysts, so watch whether this momentum can hold or if it fades as selling pressure normalizes.
SCR4,38%
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
  • 8
  • Repost
  • Share
Comment
0/400
faded_wojak.ethvip
· 7h ago
Exchanges pushing prices higher to trigger stop-loss orders—I've seen this trick too many times. True confidence still depends on the ecosystem.
View OriginalReply0
LayerZeroEnjoyervip
· 12-26 08:50
The exchange's move to drain liquidity is really ruthless, directly suppressing selling pressure... However, how long this rebound can last is really uncertain.
View OriginalReply0
TheShibaWhisperervip
· 12-26 08:49
Exchange lock orders, wallet integration, technical bottom rebound... This combination is indeed interesting, but to be honest, it's all about liquidity games. Once the normal selling pressure returns, the true test will begin.
View OriginalReply0
LiquiditySurfervip
· 12-26 08:49
The move to freeze withdrawals on the exchange is still fierce, effectively stopping SCR's bleeding.
View OriginalReply0
hodl_therapistvip
· 12-26 08:42
Exchanges can manipulate the market just by transferring funds, this wave of SCR is a bit like blowing bubbles.
View OriginalReply0
GateUser-ccc36bc5vip
· 12-26 08:41
The exchange getting stuck on transfers is just helping SCR pump... Whether it's real or fake depends on whether it can hold above 0.073 later.
View OriginalReply0
DaisyUnicornvip
· 12-26 08:36
Exchanges can manipulate the market just by transferring funds, this move is quite unique... However, there is a trick to RSI oversold rebounds, I'm just worried that once it normalizes, it will drop back down.
View OriginalReply0
MergeConflictvip
· 12-26 08:35
Exchange is stuck on transfers. This rebound relies on artificially creating scarcity to support it. Can it really continue?
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)