The current $STORJ /USDT 15-minute chart reveals a promising long entry setup as it hovers around the support level just above 0.4550 USDT. After a series of upward moves, the recent retracement to this level demonstrates solid support, highlighting it as a potential entry point for a long position. Buyers have shown strength by pushing the price up from the recent lows, and the strong green candle formations indicate bullish momentum gaining traction. The order book also displays a favorable buy-side imbalance, with 58.67% on the bid side, suggesting continued demand. Traders looking for an entry can consider entering near this support zone, targeting a breakout above the recent highs at around 0.4619 USDT for a significant upside. A stop loss can be placed just below the support at 0.4500 USDT to manage risk effectively, making this a well-balanced risk-to-reward setup.
#GrayscaleXRPTrust #16thBTCWhitePaperAnniv #USJobOpeningsDip #CryptoPreUSElection #CryptoAMA