📊 $STG
STG/USDT Technical Analysis - 03 Jan 2025 🎯
🔹 Current Price: $0.4205
🔹 24h High: $0.4283
🔹 24h Low: $0.3883
🔹 Volume (24h): 45.56M STG
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Analysis Overview
STG/USDT is showing bullish momentum, gaining +7.22% in the last 24 hours. The price is consolidating near the $0.4205 level, with strong buying interest observed in the market. Key indicators suggest potential breakout opportunities.
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Target Levels 🎯
1️⃣ Short-Term Target: $0.4280
Resistance observed at this level during the last 24 hours. A breakout could confirm continued bullish momentum.
2️⃣ Mid-Term Target: $0.4400
Based on Fibonacci retracement, this is the next significant resistance level. Achievable if buying volume sustains.
3️⃣ Long-Term Target: $0.4700
If the rally extends, $0.4700 is a key psychological level with historical significance as resistance.
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Indicators to Watch
Moving Averages: Price is trading above MA(5) and MA(10), confirming upward trend.
MACD: Positive divergence indicates bullish momentum.
Volume: Strong volume at 9.44M shows market interest.
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Market Sentiment
The overall sentiment is bullish, with STG outperforming many DeFi tokens. Watch for volume surges and price movement beyond $0.4280 for confirmation of further upward momentum.