Establishing a solid support base and a textbook accumulation for $STG above the moving averages
Trade: Buy (Long)
Entry: 0.1670 - 0.1689
Targets: 0.1710 | 0.1735 | 0.1760
Stop: 0.1640
The chart shows excellent consolidation and a breakout above the nearby moving averages, stabilizing above the EMA 7, along with a rebound in the RSI indicator, currently sitting at 63.12 in strong bullish territory, providing enough momentum for the price to test the nearby resistance at 0.1713 and surpass it.
Trade here: $STG
#StargateFinance #futures #Binance
Trade: Buy (Long)
Entry: 0.1670 - 0.1689
Targets: 0.1710 | 0.1735 | 0.1760
Stop: 0.1640
The chart shows excellent consolidation and a breakout above the nearby moving averages, stabilizing above the EMA 7, along with a rebound in the RSI indicator, currently sitting at 63.12 in strong bullish territory, providing enough momentum for the price to test the nearby resistance at 0.1713 and surpass it.
Trade here: $STG
#StargateFinance #futures #Binance