$SCOR SCOR went through a heavy drop earlier, but now the chart is showing signs of recovery. Price has built a base near the recent low and is slowly moving higher. This kind of behavior usually means selling pressure is fading.
On the short timeframe, price is holding above the local bottom. RSI is around the middle zone, which suggests balance — neither strong buying nor strong selling. Momentum indicators are slowly turning positive, hinting at a possible trend shift. Volume spikes during recent candles show renewed interest, but not aggressive chasing yet. That’s healthy for a gradual move. Short-term view: Sideways to slightly bullish movement as long as price stays above the base. Mid-term view: If momentum continues and price holds this range, a slow recovery toward previous resistance levels is possible. The chart above shows the sharp drop, base formation, and a potential recovery path. This is a personal market view, not financial advice. Always manage risk and make your own decisions.
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.
$SCOR SCOR went through a heavy drop earlier, but now the chart is showing signs of recovery. Price has built a base near the recent low and is slowly moving higher. This kind of behavior usually means selling pressure is fading.
On the short timeframe, price is holding above the local bottom. RSI is around the middle zone, which suggests balance — neither strong buying nor strong selling. Momentum indicators are slowly turning positive, hinting at a possible trend shift.
Volume spikes during recent candles show renewed interest, but not aggressive chasing yet. That’s healthy for a gradual move.
Short-term view:
Sideways to slightly bullish movement as long as price stays above the base.
Mid-term view:
If momentum continues and price holds this range, a slow recovery toward previous resistance levels is possible.
The chart above shows the sharp drop, base formation, and a potential recovery path.
This is a personal market view, not financial advice. Always manage risk and make your own decisions.