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1st Support: $0.130 – $0.132 (Key support level to watch)
2nd Support: $0.125 (Stronger support zone)
Entry Opportunity: Long Setup:
Entry Zone: $0.134 – $0.136 (Watch for a breakout above $0.138)
Targets: $0.145, $0.150 (Next higher targets)
Stop Loss: $0.125 (for risk management)
Short Setup:
Entry Zone: $0.140 – $0.145 (If price fails to break above this level and shows signs of reversal)
Targets: $0.135, $0.130
Stop Loss: $0.150 (for risk management)
Momentum: The bullish momentum is building, with price consolidating near key breakout levels. Watch for volume increase as STPT pushes above $0.138 for confirmation of the uptrend.
Trade Idea: Consider entering long if $STPT breaks above $0.138 and holds, targeting $0.145 and $0.150 with a stop loss near $0.125 for a well-managed risk position.