$STORJ Storage Breaks Downtrend: Targets in Sight! 🚀
On the 3-day timeframe,
$STORJ currently at $0.3278 has broken above a significant downtrend line, signaling a potential long-term shift! The RSI on this timeframe is now above 50 and climbing, supporting the breakout.
✅ Key Observation:
#STORJ/USDT has broken a multi-week downtrend on the 3-day chart, suggesting a change in momentum.
next Next Potential targets:
🎯 $0.3500 (potential near-term resistance)
🎯 $0.4000 (potential next resistance level)
🎯 $0.5000 (further potential resistance based on previous price action)
🎯 $0.7365 (previous high - significant long-term resistance)
🛡️Important Support Level (to watch for potential pullback):
🛡️ $0.3000 (potential near-term support - recent consolidation area)
🛑 Stop Loss: Consider a stop loss below the broken downtrend line to protect against a failed breakout, potentially around $0.2800.
📈 **Potential Price Path in the Coming Weeks/Months:**
#STORJ breakout on the 3-day timeframe indicates a potential long-term bullish reversal after breaking the downtrend. The initial target is the $0.3500 level. A sustained move above this could pave the way for further gains towards $0.4000 and then $0.5000. The $0.7365 level represents a significant long-term resistance. As with any higher timeframe breakout, be prepared for potential consolidation or minor pullbacks. Monitor the RSI for continued upward momentum and volume for sustained buying interest.
Buy and trade here on
$STORJ #SignalAlert