๐ #STO โ technical reading
After the strong movement, the market entered consolidation on the 5m.
๐ BOLLINGER
Price stuck on the average band (~0.1204)
Bands closing โ loss of strength
Market has exited the trend and entered balance
๐ AVERAGES (EMA 7 / 25 / 99)
All practically at the same level
โ clear lateralization
โ indecision
๐ MACD
Zeroed, lines stuck
โ no buying strength
โ no defined trend
๐ RSI (45)
Neutral zone
โ neither overbought nor oversold
โ market breathing
๐ VOLUME
Fell after the upward movement
โ less entry
โ more realization
๐ SAR / SUPER TREND
SAR turned down
Supertrend above the price (~0.1217)
โ slight selling pressure in the short term
๐ง Real market reading:
This is not a continuation.
This is decision.
๐ Current region: ~0.120
๐ Top: 0.1226
๐ Bottom: 0.1195
We are in the middle โ fighting zone
โ ๏ธ Scenarios:
โ๏ธ Breaking 0.1226 with volume โ continues
โ Losing 0.1195 โ correction
Meanwhile:
โ range for scalp
I already grabbed mine ๐ฐ
