On the weekly timeframe, STG remains in a broader downtrend, respecting a long-term descending structure with consistent lower highs and lower lows.
as long as price remains below the descending channel and below $0.23 on a strong weekly basis, the broader structure remains bearish. The recent move looks corrective for now, and failure to break resistance could result in continuation back toward the channel lows.
short-term recovery attempt, but macro trend still bearish until key resistance levels are reclaimed on higher timeframe closes.
STG
0.1708
-4.20%