$STORJ just pumped hard – up over 40% in a flash from ~$0.114 lows to a high around $0.165-0.17, breaking out of that tight consolidation.
Now pulling back to ~$0.145-0.15 range, which feels like healthy breathing room after such a sharp move. Volume exploded during the rally (way above average), showing real buying pressure, and it's cooled off on the dip as profit-takers step in.
Price action: Strong rejection at the top with a long wick, but holding above key levels. RSI is deep in overbought territory (>85), so no surprise if we see a bit more correction – maybe 5-10% – before the next leg up.
Overall still bullish on $STORJ. Don't chase the top, but dips look attractive for better entries.
Potential setup:
Entry on dip to $0.132-0.135 (near moving average support)
Stop loss below $0.128
Targets: $0.158 first, then $0.176
Patience pays here – better risk/reward waiting for the pullback than FOMOing in now. #STORJ #Crypto #STORJUSDT
