$STPT - Bullish Momentum Building with Defined Trade Setup! 🚀
Following a sharp wick recovery, $STPT is showing strong signs of renewed buying interest around the $0.06001 level (+4.38%). After facing rejection at the 24H high of $0.06395, the price is holding steady near intraday support.
Market Snapshot:
* 24H High: $0.06395
* 24H Low: $0.05586
* Current Price: $0.06001
* 24H Volume: 75.73M $STPT
Chart Insight: The deep wick followed by a recovery candle suggests buyers are stepping back in. A move above $0.0607 may confirm bullish continuation.
🎯 Trade Setup:
* Entry Zone: $0.0595 - $0.0601 (aligns with current price action)
* Target 1: $0.0625
* Target 2: $0.0643
* Final Target: $0.0665
* Stop Loss: $0.0575
💡 Pro Tip: Watch for consolidation above $0.0600 with volume increase—momentum could return quickly. This reinforces the bullish outlook presented earlier.
This setup provides clear entry and exit points based on the observed bullish activity. Keep an eye on volume and price action for confirmation!
DYOR