$STPT Trading Signal - Post Correction Rebound Potential
Entry Range: $0.10820 - $0.10850
Target 1 (TP1): $0.11200
Target 2 (TP2): $0.11500
Stop Loss (SL): $0.10680
Market Analysis:
STPT/USDT recently experienced a sharp correction after hitting the $0.15392 high. The price is now stabilizing around $0.10834, which aligns with a short-term support zone. This level may act as a springboard for a potential recovery toward previous resistance areas.
Volume remains high, indicating active trading interest, and the current consolidation phase might precede a rebound if bullish momentum picks up. The first target at $0.11200 captures a retracement to immediate resistance, while the second target at $0.11500 is positioned near a higher level for extended profits. The stop loss at $0.10680 safeguards against further downside risk.
Key Levels to Watch:
Resistance: $0.11200, $0.11500
Support: $0.10820, $0.10680
Pro Tip: Monitor trading volume at the $0.10850 level for early signs of reversal and consider partial profit-taking at TP1 to lock in gains. Adjust stop loss to breakeven for a safer trade as the price approaches resistance levels.
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