$STMX
/USDT Technical Analysis💯🔥🚀🚀
Current Momentum:
Bullish Momentum: Price is up +13.86% in the last 24 hours, supported by strong buying pressure.
The price is trading near $0.006459, above its 24h low of $0.005418, indicating bullish activity.
Volume: High trading volume of 1.43B STMX, reinforcing the breakout potential.
Trade Signal:
Entry Level: $0.00645 (current price)
Stop Loss: $0.00585 (below recent support.
Target Levels 🎯:
1. Target 1: $0.00675 (near next resistance)
2. Target 2: $0.00710 (psychological level)
3. Target 3: $0.00750 (breakout extension level)
Indicators Overview:
RSI: Moving into overbought (>70); traders should exercise caution near resistance.
Moving Averages: Price trending above 50 EMA, confirming bullish trend.
MACD: Positive crossover indicates upward momentum likely to continue.
Trade Momentum:
Bullish: High probability of upward continuation with strong breakout potential towards $0.00675–$0.00750.
Monitor closely for resistance at $0.00675 and volume consistency.