With the 200 EMA acting as resistance, $STPT is steadily making lower highs (LHs) and lower lows (LLs) in a downtrend. Right now, the price is rejecting the resistance. It is anticipated that it will shortly breach the trendline and continue to drop to create another lower low (LL). For a brief entry, wait for the trendline to break.
Entry : $0.04000
Target : $0.03192
SL : $0.04517
