š STG/USDT Breaks Downtrend + Bounces ā Targeting EMA200 Next
Stargate Finance ($STG) has recently broken above its downtrend line on the hourly chart and posted a bounce ā a positive short-term technical signal for traders.
Binance
The break of the downtrend suggests sellers may be losing momentum, and the price reaction now points to a push back toward the 200-period Exponential Moving Average (EMA200) ā a key level often watched by technical traders. Staying above this moving average can signal continued bullish momentum in the near term.
Binance
š Important Levels to Watch:
ā Price above short-term EMAs ā signals strength
ā EMA200 ā next logical resistance area
ā A sustained break above EMA200 could attract buyers
ā Failure to hold above EMA levels may revert bias back to neutral
Trend shifts like this often precede the next directional move ā watch how STG behaves around the EMA200 for clues.
