$STMX /USDT Technical Analysis
Current Price: $0.007693 (+21.69%)
24h Range: $0.006233 - $0.009220
Volume: 8.26B STMX / $66.98M USDT
Key Indicators and Levels:
1. Moving Averages (MA):
MA(7): $0.007150 (green - bullish short-term momentum)
MA(25): $0.006410 (green - bullish medium-term support)
MA(99): $0.005690 (red - bearish long-term trend remains intact)
2. Support Levels:
$0.006233 (24h low - critical support)
$0.006410 (aligned with MA(25) - strong support)
3. Resistance Levels:
$0.007947 (short-term resistance - white indicator)
$0.009220 (24h high - key resistance to break for further gains)
$0.009421 (major resistance - white indicator)
Analysis:
$STMX /USDT shows strong bullish momentum in the short term, with the price trading above MA(7) and MA(25). A break above $0.009220 could signal further upside, targeting $0.009421. However, failure to hold $0.007150 may lead to a pullback toward $0.006410 or $0.005690.
Trade Signals:
Long Trade: Enter above $0.007947 with a target of $0.009220 and a stop-loss at $0.007150.
Short Trade: Enter below $0.006410 with a target of $0.005690 and a stop-loss at $0.007150.
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