$STORJ has just gone through a sharp sell-off, and the market finally looks like it’s catching its breath. After dropping hard from the 0.14 zone, price swept liquidity near 0.1189 and is now trying to stabilize around 0.121–0.122. This kind of move often shakes out weak hands before any meaningful reaction happens.
What I like here is that selling pressure has already expanded aggressively. When moves get this vertical, risk starts shifting from downside continuation to short-term stabilization or bounce. That doesn’t mean instant reversal — it means we let price prove itself.
Trade Plan (High-Risk, Short-Term Setup):
Entry: 0.120 – 0.122 zone
Stop Loss: 0.1165 (clean invalidation below the sweep)
Take Profit 1: 0.128
Take Profit 2: 0.134
Take Profit 3: 0.142 (only if momentum builds)
This is not a chase trade. Patience matters here. If price holds above the sweep low and starts building higher lows, the bounce can be tradable. If it loses 0.118 cleanly, step aside — no need to fight momentum.
Sometimes the best trades come after the panic, not during it.
Let price confirm, manage risk tightly, and stay calm.
