$STPT /USDT Trading Signal - Volatility Spike
Current Price: $0.06931
24H Range: $0.06643 - $0.07724
Analysis:
STPT experienced a sudden price spike, hitting a high of $0.07724 before retracing to stabilize near $0.06931. EMA(7) at $0.07007 and EMA(25) at $0.06976 suggest consolidation with reduced volatility. A move above $0.070 could trigger another rally.
Potential Setup:
Entry Zone: $0.06850 - $0.07000
Targets:
Target 1: $0.07200
Target 2: $0.07400
Target 3: $0.07700
Stop Loss: $0.06600
Observation:
The sharp pullback from $0.07724 shows significant selling pressure at higher levels. A rebound above $0.070 could signal renewed buying interest, while a breakdown below $0.06643 may lead to further declines.
Actionable Advice:
Wait for a confirmed breakout above $0.07000 to enter.
Secure profits at each target and trail stop-loss levels to mitigate risks.
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