🚨 $STMX /USDT ALERT: Consolidation Phase with Potential Breakout! 🚨
$STMX /USDT is trading at 0.008395 after a significant surge of 37.22% in the past 24 hours. The chart shows the price consolidating after reaching a high of 0.009220.
The immediate resistance is set at 0.008700, and a breakout above this level could trigger further upside momentum. Key support is positioned at 0.008100, which needs to hold to prevent a potential retracement.
For traders, an ideal entry point would be 0.008400, with take-profit targets at 0.008550 (TP1), 0.008700 (TP2), and 0.008850 (TP3). To mitigate risk, a stop-loss should be placed at 0.008000.
With the RSI near 47.9, the momentum appears neutral, so careful monitoring of volume and price movement is crucial before entering the trade.
