#StargateFinance ($STG ) has surged following #LayerZero ’s $110 million merger proposal, which would integrate STG into the LayerZero ecosystem at a fixed swap rate. This sparked a 117M trading volume spike, showing massive liquidity inflows and heightened market activity.
Technically, $STG has broken above the key $0.18 resistance, now acting as solid support, with price consolidating just under $0.20. The market is watching closely as momentum builds toward the next resistance at $0.2286.
The upcoming Stargate DAO vote, requiring 70% approval, could send STG even further if passed, adding to the current bullish momentum. If volume sustains and sentiment stays strong, the $0.2286 target could be reached quickly. However, a drop below $0.18 would risk stalling the rally.
