$STPT
This STPT short setup looks well-structured, especially with the overbought RSI and bearish MACD crossover signaling a potential pullback. If the price fails to break above $0.07700, it could confirm rejection and lead to a move toward $0.07000 and below.
The risk-to-reward ratio is solid, and the tight stop-loss at $0.07700 helps manage downside risk. Watching volume and price action near resistance will be key—if selling pressure increases, the trade could play out well.
Are you planning to enter now, or waiting for more confirmation of the rejection?