$STPT /USDT Price Action: Opportunities for Long and Short Trades

Current Price: $0.05495 (+10.85%)

Targets for Long Trades:

Target 1: $0.05650 (Immediate resistance)

Target 2: $0.05850 (Potential breakout zone)

Target 3: $0.06000 (Key psychological level)

Long Trade Signal:

Entry Point: Above $0.05500 for bullish confirmation.

Stop-Loss: $0.05350 to manage downside risk.

Strategy: Watch for strong buying volume to sustain momentum toward higher targets.

Targets for Short Trades:

Target 1: $0.05300 (Support retest level)

Target 2: $0.05150 (Deeper bearish correction zone)

Target 3: $0.05000 (Major support area)

Short Trade Signal:

Entry Point: Below $0.05400 for bearish confirmation.

Stop-Loss: $0.05550 to limit risk.

Strategy: Monitor for selling pressure and rejection at resistance zones.

Market Insight:

$STPT /USDT has rebounded from $0.05098 and is testing resistance near $0.05500. A breakout above this level could lead to significant bullish momentum, while failure to sustain could result in a pullback.

Pro Tip: Track volume trends and RSI levels for overbought/oversold conditions to confirm trade entries and exits.

#STPT #CryptoTrading #BinanceSignals #TradingStrategy #CryptoInvesting