SCRT coin price shows a high momentum bearish trend breaking below the $4.5 support zone and increasing pressure of the $4 psychological level. 

Key technical points:
<ul>
 	<li style="font-weight: 400">SCRT prices reach the $4 mark.</li>
 	<li style="font-weight: 400">The 50 and 100-day EMA give a death cross.</li>
 	<li style="font-weight: 400">The 24-hour trading volume of Secret is $21.72 Million, marking a 22% rise. </li>
</ul>
<h2>Past Performance of SCRT</h2>
SCRT prices fail to sustain the bullish reversal started on 18th April from the $4.50 support zone due to an increased supply dump near the 200-day EMA. As a result, the turnaround from the EMA breaks below the $4.50 support zone and creates multiple bearish candles accounting for an 18% fall last week.

<img src="https://s3.tradingview.com/snapshots/0/0oKZxiqV.png" alt="TradingView Chart" />

Source-<a href="https://www.tradingview.com/x/0oKZxiqV/">Tradingview</a>
<h2>SCRT Technical Analysis </h2>
The support zone fallout increases the bearish influence on the SCRT/USD price chart threatens the fallout of the $4 psychological level. Moreover, the increased trading volume and the three black crows pattern increase the chances of a $4 fallout.

The 50-day EMA reaches the 200-day EMA to give a death cross while the 100-day EMA continues the downtrend. Hence, the EMAs are ready to achieve a bearish alignment in the daily chart. 

MACD Indicator: The fast and slow lines cross under the zero line and maintain a bearish alignment. Hence, the bearish trend increases the negative histograms intensity.

RSI Indicator:  The RSI slope falls under the 14-day average and the halfway mark implying a surge in the underlying bearishness.  

In a nutshell, the SCRT technical analysis shows a potential fall below the $4 psychological mark as the sellers gain momentum.
<h2>Upcoming Trend </h2>
With the sellers lining up, SCRT prices deflate drastically, teasing a potential fall below the $4 mark. Moreover, the death cross ensures a bearish continuation below the $4 mark, with the EMAs striving to achieve the bearish alignment. 

Resistance Levels: $1.15 and $1.25

Support Levels: $1 and $0.93

SCRT Technical Analysis: Bears Ready to Takedown $4 Level

SCRT coin price shows a high momentum bearish trend breaking below the $4.5 support zone and increasing pressure of the $4 psychological level. 

Vikram is a technical analyst with several years of experience in the crypto market &amp; Indian Equity and F&amp;O Segment. He loves to learn anything and everything related to finance. He possesses strong technical and analytical skills, which he leverages to acquaint our audience with upcoming price trends for different coins.

SCRT Technical Analysis: Bears Ready to Takedown $4 Level

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