**$STORJ/USDT – Bearish Breakdown Alert! Short Opportunity Forms Under Resistance**
**Current Price**: $0.2798 (**+6.07%**)
**24H Range**: $0.2617 (Low) – $0.2980 (High)
**Key Levels**:
- **Immediate Resistance**:
- **$0.2850**: Recent intraday supply barrier.
- **$0.2980**: 24H high (rejection zone).
- **Critical Support**:
- **$0.2750**: Psychological support level.
- **$0.2700**: Major liquidity zone (watch for breakdown).
**Market Analysis**:
$STORJ faced rejection after testing $0.2850 and is now consolidating in a tightening range with **lower highs**, signaling weakening bullish momentum. Bearish pressure is rising as the structure shifts toward a potential downtrend.
**Short Trade Strategy**:
- **Entry Range**: $0.2800 – $0.2845
- **Targets**:
- **TP1**: $0.2750 (initial profit zone).
- **TP2**: $0.2700 (breakdown confirmation).
- **Stop Loss**: $0.2875 (above resistance).
**Key Trigger**:
A **15-minute candle close below $0.2780** with rising volume could accelerate the downtrend. **Wait for confirmation**—avoid premature entries!
**Pro Tip**:
Patience is key! Let the price confirm the bearish move before jumping in.
**Bearish momentum brewing—prepare for potential downside!** 🚨
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