SCTS – Hourly Time Frame

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SCTS – Hourly Time FrameSues Canal Co. for Technology SettlingEGX_DLY:SCTSoshishahin SCTS is showing signs that the prevailing downtrend may be losing momentum. After an extended period of selling pressure, price action is beginning to stabilize, suggesting that bears are no longer in full control of the market. Recent behavior points toward a potential trend exhaustion phase, where downside momentum is weakening and buyers are gradually stepping in. While a confirmed reversal has not yet been established, the current structure supports the possibility of an early trend transition if bullish participation continues to build. **Entry Setup Factors:** • Trend exhaustion characteristics after a prolonged decline • Selling pressure appears to be weakening • Bearish momentum losing strength • Early signs of buyer accumulation • Potential trend transition from bearish to bullish • Favorable risk-to-reward profile if reversal confirmation develops