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đ Coin: #Storjusdt $STORJ
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In the 1-day chart for STORJ/USDT, weâre seeing a classic bullish indicator: a falling wedge pattern. This occurs when the price is moving between two converging, downward-sloping trend lines, signaling a potential weakening of bearish momentum.
To strengthen this outlook, the Relative Strength Index (RSI) is showing a bullish divergence, meaning while the price is trending downward, the RSI is moving up. This is often a sign of a possible reversal in momentum.
Additionally, the price has broken out from the support line of the wedge, a key confirmation of a bullish move. When the price breaks a critical support level, it typically suggests that sellers are losing strength, opening the door for a shift in market direction towards the upside.
With these technical signals aligning, the chart suggests a likely bullish movement for STORJ/USDT.
đ ENTRY: 0.4305 or Market Price
đ Signal Type: Long
đŻ Target Prices:
1ïžâŁ TP1: 0.5100
2ïžâŁ TP2: 0.5880
3ïžâŁ TP3: 0.6365
4ïžâŁ TP4: 0.6840
đ Stop Loss: 0.3445
đ Leverage: 5x - 10x
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