Mar. 6 at 2:40 PM
$SCNI: Can the March 2 News Spark the Next Move?
March 2 News: Scinai Immunotherapeutics announced it amended its PinCell acquisition option and submitted a revised €12M non-dilutive grant application to advance the PC111 antibody program, with a funding decision expected in 3–4 months.
📊 Technical view:
▪️ Major support: ~
$0.80
▪️ Price stabilizing near range lows
▪️ Short-term bounce forming
📈 Reclaim levels to watch:
▪️
$0.97 first resistance
▪️
$1.12 next breakout level
▪️
$1.31 supply zone
▪️
$1.54–
$1.63 major resistance
▪️
$1.96+ momentum breakout
If support holds and volume builds, SCNI could attempt a trend reversal from this base. 📈
Sector Peers:
$BNTX $MRNA $REGN $AMGN