🚨 Technical Snapshot:
$STG (5m Perspective)
The momentum for
#STG remains short-term bullish, but the price is now approaching a critical resistance zone, signaling a potential spike in volatility.
📈 Key Levels to Watch
Resistance Zone:
🔹 0.1193 – Immediate resistance (recent swing high)
🔹 0.1197 – Breakout target if momentum sustains
A clean breakout above 0.1193 with volume may open the path toward 0.1197, but traders should stay alert for possible rejection from this region.
🛡️ Support Zones:
0.1181
0.1178
A bounce from support with bullish confirmation could offer a solid long-entry setup.
📉 Bearish Trigger:
⚠️ If the price closes below 0.1176, bearish sentiment may strengthen, exposing downside targets toward 0.1171 and potentially 0.1163.
🔍 Summary
Trend: Bullish but weakening near resistance
Long Entry: Above 0.1193 (confirmation required)
Support-based Long Setup: Bounce from 0.1181 – 0.1178
Bearish Bias: Below 0.1176
📌 Risk management is essential at this stage as STG is trading near a decision point.
#STG #CryptoTA #BreakoutWatch #TradingUpdate 🚀