STORJ/USDT – UPTREND LOSING STEAM NEAR RESISTANCE
STORJ surged from $0.2641 to a high of $0.2794, showing strong upward momentum in recent candles. Currently, it's trading around $0.2789—just under its 24-hour peak—signaling potential overbought conditions and a possible short-term pullback.
Short Setup:
Entry Zone: $0.2785 – $0.2800
Target: $0.2680
Stop Loss: $0.2825
This trade banks on a pullback following breakout fatigue. Look for a bearish candle or long upper wick before entering.
Risk Note: Be cautious of sudden reversals, especially if volume tapers off. Taking partial profits is advised.
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