$STORJ has shown a strong bullish breakout after a long consolidation phase. Price surged sharply from the ~$0.11 zone and quickly pushed above $0.17, confirming strong buyer interest and momentum.
After the impulse move, STORJ is now consolidating around $0.15, which is healthy price behavior. This indicates the market is absorbing profits rather than dumping aggressively.
Technical Outlook:
Trend: Short-term bullish, mid-term neutral-to-bullish
Momentum: Cooling down after the spike, but still positive
RSI (~49): Neutral zone → room for another move
Volume: Strong volume during breakout confirms real demand
Key Levels:
Support: $0.14 – $0.145 (important hold zone)
Resistance: $0.166 – $0.176
A clean break above $0.176 can open the door for the next upside continuation
Conclusion:
STORJ looks technically strong after the breakout. As long as price holds above the $0.14 support area, bullish structure remains valid. A breakout above recent highs could attract fresh momentum traders.
⚠️ As always, manage risk properly and avoid chasing pumps.
📌 This is market analysis, not financial advice.
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