$STORJ has been showing strong bullish momentum, up by +25.64% at $0.1475. The current price area is seeing a solid consolidation above its defended support level at $0.1400. Buyers have firmly stepped in, pushing the price back up after each pullback, signaling a continuation bias for the bulls.

Defended Support Level: The support zone at $0.1400 remains intact, providing a solid foundation for further upward movement. The price has bounced back multiple times from this level, confirming its significance as a key zone. If buyers continue to hold above this support, the path of least resistance appears to favor the bulls.

Current Price Area & Consolidation: The price is currently consolidating around $0.1475, forming a narrow range between $0.1400 and $0.1500. This is typical of a healthy accumulation phase before the next move higher. A sustained hold above $0.1450 could signal a breakout, with the bulls likely to challenge higher resistance zones.

Resistance Targets Ahead: The next resistance target is seen at $0.1550, a key level that could be the next point of contention for bulls and bears alike. A break above this zone would likely trigger further upside momentum, with $0.1600 coming into focus as the next major resistance.

Bullish Bias: The tape favors continuation, with strong volume supporting the upward movement. Buyers are stepping in each time the price pulls back, indicating strong buying interest. As long as price holds above the defended support, the overall bias remains bullish.

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