SCRT Technical Analysis: Ambitious Bulls Struggle Near $6.75

SCRT coin price sustains above $6 as the uptrend gains momentum. However, the bulls struggle to surpass $6.75. Is this another trend reversal? Key technical points: The coin price breaks above the $6 pivot level. The RSI indicator shows the slope rise above the 50% mark. The 24-hour trading volume in the Secret token is $41.16 Million, indicating a 40% rise. Past Performance of SCRT SCRT coin price trades at $6.71 with a price jump of 5.57% in the last 24 hours as the buying pressure increases with the 40% jump in trading volume. The price action forms a morning star pattern with the demand met near the $6 mark. However, the exhaustion takes over the bullish mindset as the uptrend struggles near $6.75. Source-Tradingview SCRT Technical Analysis The SCRT coin price falls 1.82% in the newly forming daily candle at press time as it fails to rise above the $6.75 mark. The horizontal level proves to be a crucial resistance as it has crushed multiple bullish attempts in history. The RSI Indicator shows no signs of divergence in the price action as the price tests the $6.75 mark again after the previous double top breakout. Moreover, the slope in the nearly overbought territory suggests a solid underlying bullishness. The DMI indicator projects a sharp rise in the +DI line as the -DI succumbs below the 20% mark; thus, it reflects a jump in buying pressure and keeps the uptrend alive. Moreover, the slight but evident reversal in the A...