$STPT Shows Signs of Reversal – Is This the Right Time to Enter?
After a sharp decline, $STPT / USDT is stabilizing, entering a bullish zone with signs of recovery. Traders are now watching key levels for a potential breakout.
📊 Market Overview:
Current Price: $0.08708 (-8.55%)
24H High: $0.09561 | 24H Low: $0.08223
Indicators:
MA(7): 0.08663 (Short-term trend slightly below price)
MA(25): 0.08679 (Medium-term support)
MA(99): 0.08707 (Key level, market at equilibrium)
RSI(6): 67.64 (Approaching overbought, but still neutral)
📈 Trade Setup:
Entry Zone: $0.0865 - $0.0870
Stop Loss: $0.0845 (Below recent support, protecting against downside)
Targets:
Target 1: $0.0905 (Short-term resistance)
Target 2: $0.0935 - $0.0950 (Key breakout zone)
Risk-Reward Ratio: 1:1.6 to 1:3.5 (Favorable setup)
🔍 Key Insights:
Holding above $0.0870 and breaking $0.0905 could trigger further upside.
A drop below $0.0845 may lead to $0.0822 - $0.0815 support retest.
Watch for buying volume confirmation before entry.
Is $STPT preparing for a breakout? Traders are positioning for the next big move!
