$STG is showing a much healthier trend structure than most of the recent momentum names.
Instead of a straight vertical move, price spent time building higher lows, absorbing supply, and gradually stepping higher before accelerating into the 0.2089 high. That's usually a stronger sign than a single impulsive spike because buyers have been in control throughout the move.
The first test of 0.2090 attracted some profit-taking, but the pullback was shallow and quickly bought back. Price is still holding near the highs, which tells me sellers haven't been able to force a meaningful distribution phase yet.
I'm watching 0.1980–0.2020 as the key demand area. A controlled pullback into that zone followed by a bullish reaction would offer the cleaner risk-reward setup.
Entry: 0.1980–0.2020
Stop Loss: Below 0.1920
Target 1: 0.2090
Target 2: 0.2200–0.2250 if liquidity above the highs gets taken
The invalidation is straightforward. If price starts accepting below 0.1920, the sequence of higher lows breaks and the current bullish structure loses its edge.
For now, the trend remains intact. No need to chase the highs. The focus is on whether buyers continue defending pullbacks and turning resistance into support. That's where the next opportunity usually comes from.
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