$STG/USDT - Huge rise of 15.66% tests the critical MA60 resistance
The price of STG rises by +15.66% to $0.1994, reaching the exact level of MA60 resistance at $0.1999. This is a critical moment that determines fate. A decisive close above MA60 on high volume (9.06M USDT) could confirm the continuation of its exciting upward trend over 7 days (+42.63%) and 30 days (+82.77%).
Key levels:
Support: $0.1716 (24-hour low) / $0.1950 (immediate level)
Resistance: $0.1999 (MA60 pivot) / $0.2059 (24-hour high)
Trading idea (Long condition on breakout):
Entry area: $0.2010 - $0.2030 (upon confirmed breakout and close above MA60)
Stop Loss (SL): $0.1950 (below breakout area)
Take Profit targets (TP):
TP1: $0.2060 (24-hour high)
TP2: $0.2150 (next psychological target)
TP3: $0.2250 (extended Fibonacci level)
Logic: The currency shows strong bullish performance ("DeFi Gainer") with explosive weekly momentum. The price's proximity to the MA60 line creates a high volatility pivot point. Trading a confirmed breakout above this key moving average aligns with the strong prevailing trend.