Technical analysis and information for the STG/USDT trading pair
This sharp upward, typically used to make trading decisions.🗣️🗣️ Let me break it down into key components for easier interpretation:
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Market Summary
Current Price: $0.4217 (+29.08% change)
24h High: $0.4877
24h Low: $0.3212
24h Volume (STG): 151.55M
24h Volume (USDT): $60.14M
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Moving Averages (MA)
MA(7): $0.3982 (short-term)
MA(25): $0.3655 (medium-term)
MA(99): $0.3191 (long-term)
Interpretation:
The price is above all the moving averages, indicating a bullish short- to long-term trend.
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Indicators
1. MACD (Moving Average Convergence Divergence):
Likely showing momentum is positive, aligning with the price increase.
2. Bollinger Bands (BOLL):
Not explicitly given but useful for analyzing volatility and overbought/oversold conditions.
3. SAR (Parabolic SAR):
Likely signaling an upward trend if price exceeds SAR levels.
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Depth & Liquidity
Bid/Ask Depth Levels:
$0.4968 / $0.4217
Volume: High, indicating strong market activity and liquidity.
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Performance Over Time
Today: +29.00%
7 Days: +23.52%
30 Days: +26.11%
90 Days: +9.48%
1 Year: -32.37%
Interpretation:
While the short-term trend is bullish, the 1-year performance suggests the asset has experienced significant declines previously, requiring caution for long-term investments.
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Trading Signals
Buy/Sell Signals: Likely bullish given current momentum and price above key MAs.
Considerations: Monitor resistance at $0.4877 (24h high) and support near $0.3982 (MA-7).