#STROJ
๐ $STORJ/USDT Trade Setup! ๐
Current Price: $0.3879 ๐ (+7.60%)
๐ Market Overview:
$STORJ experienced a strong rally but is now consolidating. The price is testing key support after facing rejection at $0.4060. A strong bounce from this level could trigger another upward move.
๐น Key Levels:
Resistance: $0.4000 (psychological level), $0.4060 (24H high)
Support: $0.3840 (immediate support), $0.3740 (strong demand zone)
๐ Long Entry Strategy:
Entry Zone: $0.3840 - $0.3880 (buy on support retest)
Stop Loss: $0.3740 (below demand zone)
๐ฏ Profit Targets:
โ TP1: $0.4000
โ TP2: $0.4120
โ TP3: $0.4200
๐ก Trade Rationale:
โ Strong breakout confirms bullish strength.
โ Formation of higher lows suggests continued upside momentum.
โ Increased trading volume indicates strong buyer interest.
๐ Risk Management:
A well-placed stop-loss at $0.3740 ensures controlled risk, while the profit targets provide a solid risk-reward opportunity.