Analysis for Storj/USDT (4-hour):
๐ฐ Market Overview:
- Price currently consolidating within a Support & Resistance zone.
- Overall trend is bullish, with the price above the 200 EMA.
๐ฐ Trading Strategy:
- Consider buying near the support zone.
- Anticipate a potential test of the resistance zone.
๐ฐ Entry Parameters:
- Buy at $0.723.
๐ฐ Target:
- Set a target price of $0.825.
๐ฐ Stop Loss:
- Implement a stop-loss at $0.660 to manage risk.
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