sidhu crypto
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sidhu crypto
Hi Binance fam, I’m Sidhu sharing simple crypto research and insights, tracking price levels, whale moves, and liquidity zones with clear updates.
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$STG Update: Recovery or Another Trap?
i am still holding
After a massive rally from the 0.23 zone to nearly 0.69, $STG experienced a sharp correction and is now consolidating around 0.26–0.27.
📊 What I'm Watching: 🔹 Support: 0.255 → 0.247 → 0.229
🔹 Resistance: 0.285 → 0.32 → 0.40
🔹 RSI has recovered from oversold levels.
🔹 Supertrend flipped bullish and is now acting as support.
🔹 Volume remains elevated, showing strong market interest.
🐂 Bullish Scenario If STG holds above 0.255 and breaks 0.285 with strong volume, a move toward 0.32+ becomes increasingly likely.
🐻 Bearish Scenario Losing 0.247 support could open the door for a retest of 0.229 and potentially lower levels.
Remember: Negative funding alone does not guarantee a short squeeze. Spot selling by large holders can still push prices lower.
Key question: Is this accumulation after a shakeout, or distribution before another leg down?
#STG
i am still holding
After a massive rally from the 0.23 zone to nearly 0.69, $STG experienced a sharp correction and is now consolidating around 0.26–0.27.
📊 What I'm Watching: 🔹 Support: 0.255 → 0.247 → 0.229
🔹 Resistance: 0.285 → 0.32 → 0.40
🔹 RSI has recovered from oversold levels.
🔹 Supertrend flipped bullish and is now acting as support.
🔹 Volume remains elevated, showing strong market interest.
🐂 Bullish Scenario If STG holds above 0.255 and breaks 0.285 with strong volume, a move toward 0.32+ becomes increasingly likely.
🐻 Bearish Scenario Losing 0.247 support could open the door for a retest of 0.229 and potentially lower levels.
Remember: Negative funding alone does not guarantee a short squeeze. Spot selling by large holders can still push prices lower.
Key question: Is this accumulation after a shakeout, or distribution before another leg down?
#STG
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