$STAR
STAR surged sharply from the 0.1280 support area and buyers quickly stepped in, leaving a strong reaction wick near the breakout zone. I’m seeing strong rejection from the lows and the level is holding for now.
EP: 0.1370–0.1400
TP1: 0.1423
TP2: 0.1450
TP3: 0.1477
TP4: 0.1500
TP5: 0.1540
SL: 0.1340
The 1H chart is showing a clear shift in short-term momentum after the strong recovery from the 0.1159 low. STAR has reclaimed the EMA area, with the 7 EMA at 0.133885 sitting above the 25 EMA at 0.129065 and the 99 EMA at 0.129249. This keeps the immediate structure constructive while price remains above the breakout region.
The first major resistance is around 0.1423, followed by the recent swing high near 0.1477. A clean hourly breakout above that zone could give buyers room to push toward the higher targets. The current consolidation around 0.1390–0.1400 is important because holding this area can keep the bullish structure intact.
The 0.1340 level is the key invalidation point for this setup. If price loses it decisively, the bullish continuation idea becomes weaker. Until then, buyers appear to have control of the short-term structure, with momentum favoring a retest of the recent highs.
Manage risk carefully and consider taking partial profits as each target is reached.
Let’s go and Trade now $STAR
STAR surged sharply from the 0.1280 support area and buyers quickly stepped in, leaving a strong reaction wick near the breakout zone. I’m seeing strong rejection from the lows and the level is holding for now.
EP: 0.1370–0.1400
TP1: 0.1423
TP2: 0.1450
TP3: 0.1477
TP4: 0.1500
TP5: 0.1540
SL: 0.1340
The 1H chart is showing a clear shift in short-term momentum after the strong recovery from the 0.1159 low. STAR has reclaimed the EMA area, with the 7 EMA at 0.133885 sitting above the 25 EMA at 0.129065 and the 99 EMA at 0.129249. This keeps the immediate structure constructive while price remains above the breakout region.
The first major resistance is around 0.1423, followed by the recent swing high near 0.1477. A clean hourly breakout above that zone could give buyers room to push toward the higher targets. The current consolidation around 0.1390–0.1400 is important because holding this area can keep the bullish structure intact.
The 0.1340 level is the key invalidation point for this setup. If price loses it decisively, the bullish continuation idea becomes weaker. Until then, buyers appear to have control of the short-term structure, with momentum favoring a retest of the recent highs.
Manage risk carefully and consider taking partial profits as each target is reached.
Let’s go and Trade now $STAR
