Analysis for the trade /$STPT USDT with entry points:
1. Key technical levels #stpt
- Current price: $0.05248 (+9.15%)
- Support:
- $0.0512-0.0520 (EMA7 + buy order cluster 549K-317K STPT)
- $0.0498-0.0500 (EMA25 + psychological level)
- $0.0464-0.0470 (EMA99 + long-term support)
- Resistance:
- $0.0530-0.0540 (nearest sell walls)
- $0.0550-0.0570 (historical levels)
- $0.0600 (key psychological level)
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2. Balance of power (Order book)
- Buyers:
- $0.0500-0.0520: 549K-1.11M STPT (massive support)
- $0.0470-0.0500: 155K-71K STPT (reserve levels)
- Sellers:
- $0.0530-0.0540: moderate volumes (44.89% of orders)
- Above $0.0550: minimal resistance
Conclusion: Buyers dominate with large orders, but an increase in volume is needed to break $0.0540.
3. Indicators and trend
- EMA:
- Price above EMA7 (0.05121), EMA25 (0.04985) and EMA99 (0.04646) - strong bullish trend
- MACD:
- Data not specified, but a 9.15% increase confirms bullish momentum
- Volumes:
- Current: 1.71M STPT (above MA5 1.29M) - good interest
- 24h: current volume is encouraging
4. Trade scenarios
🔵 Long (Buy)
- Entry point: $0.0512-0.0515 (pullback to EMA7)
- Confirmation:
- Bounce from level + volume > 2M
- Take profits:
- TP1: $0.0540 (50%)
- TP2: $0.0570 (30%)
- TP3: $0.0600 (20%)
- Stop-loss: $0.0498
🔴 Short (Sell)
- Entry point: $0.0535-0.0540
- Confirmation:
- Rebound from resistance + decreasing volume
- Take profits:
- TP1: $0.0512 (60%)
- TP2: $0.0500 (40%)
- Stop-loss: $0.0550
5. Risk management
- Risk per trade: ≤1.5% of deposit
- R/R ratio: 1:3 for long, 1:2 for short
- For long: Move SL to $0.0520 at TP1
6. Summary
- Priority: Long from $0.0512 with TP $0.0600
- For short: Only on a clear rebound from $0.0540
- Key: Volumes support a bullish scenario
