$STORJ

/USDT Technical Analysis & Trade Signals

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Current Price: $0.5384 (+8.48% in the last 24 hours)

Trend: Bullish momentum

Resistance: $0.5499 (24h High) and $0.5531 (Depth level)

Support: $0.4873 (24h Low) and $0.4841 (Recent price drop)

Trade Signals:

1. Bullish Breakout:

Buy Entry: $0.5400 – $0.5450

Target 1: $0.5500 (Short-term resistance)

Target 2: $0.5600 (Higher resistance)

Target 3: $0.5750 (Extended target with strong momentum)

Stop-Loss: $0.4800 (Below 24h Low)

Momentum: Increasing buying volume with steady upward movement.

2. Pullback Opportunity:

Buy Entry: $0.4900 – $0.5000 (If price retraces)

Target 1: $0.5400

Target 2: $0.5500

Target 3: $0.5600

Stop-Loss: $0.4750 (If price drops below support)

Momentum: Favorable for a recovery if market consolidates.

Key Considerations:

If the price breaks above $0.5500, expect a stronger bull run towards $0.5750.

Keep an eye on volume for confirmation of trend strength. If volume decreases, be cautious of potential pullbacks.

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