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#STORJ (STORJ/USDT)
STORJ is showing a descending wedge pattern, indicating a potential reversal from the downtrend. The descending wedge, typically a bullish reversal pattern, is marked by converging trendlines as prices consolidate.
Key Levels:
Supports: $0.3615 🟢, $0.3247 🟢, $0.2164 🟢
Resistances: $0.4882 🔴, $0.8991 🔴, $1.2335 🔴
Conclusion:
A breakout above the upper trendline could signal the start of a new bullish phase, targeting initial resistance at $0.4882. A move above this could extend gains towards $0.8991. Watch for breakout confirmation and potential retests for entry points. 📈
