BlockchainBaller
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$STPT Weak Bounce or More Pain Ahead❓$STPT saw a sharp rejection from the $0.0540 zone, followed by a clean breakdown below $0.0515, confirming bearish control. Despite a slight bounce from the $0.0505 low, the overall trend remains weak with sellers dominating.
📌 Key Levels:
• Resistance: $0.0515 / $0.0533
• Support: $0.0495 / $0.0482
• Breakdown Level: Below $0.0510
⚠️ Trade Setup:
• Entry Zone: $0.0505 – $0.0512 (weak bounce retest)
• Target 1: $0.0495
• Target 2: $0.0480
• Stop Loss: Above $0.0530
💡 Market Insight:
Volume remains high at 360M, but price action suggests continued selling pressure. If $0.0510 fails to hold, further downside toward $0.0480 is likely.
🔥 Pro Tip:
Scalp with tight stops and trail profits if momentum accelerates. A failure to reclaim $0.0515 could be a strong short signal.
STPT is still showing weakness – keep your eyes on the bounce for short opportunities!
📌 Key Levels:
• Resistance: $0.0515 / $0.0533
• Support: $0.0495 / $0.0482
• Breakdown Level: Below $0.0510
⚠️ Trade Setup:
• Entry Zone: $0.0505 – $0.0512 (weak bounce retest)
• Target 1: $0.0495
• Target 2: $0.0480
• Stop Loss: Above $0.0530
💡 Market Insight:
Volume remains high at 360M, but price action suggests continued selling pressure. If $0.0510 fails to hold, further downside toward $0.0480 is likely.
🔥 Pro Tip:
Scalp with tight stops and trail profits if momentum accelerates. A failure to reclaim $0.0515 could be a strong short signal.
STPT is still showing weakness – keep your eyes on the bounce for short opportunities!
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