$0.08550 is the stop loss. (Over the resistance key)
Market Context: STPT is displaying negative momentum and encountering significant resistance close to $0.08000. More declines are anticipated if the price finds it difficult to rise above this level.
📉 Risk management: To reduce possible losses, put a stop-loss above resistance and keep risk at 2-3% every trade.
Pro Tip: Watch for a rejection with little purchasing volume around $0.08000. The short setup is strengthened by a failed escape. 🚀