$STAR
Bias: Bullish, but extended.
STAR has moved aggressively from around 0.105 to 0.145. There is substantial liquidity above around 0.15–0.155 and support around 0.123–0.13.
My view: The trend is strong, but the risk/reward is worse after this run. 0.15–0.155 looks like the obvious liquidity target; a retracement toward 0.13 would be much more attractive.
Bias: Bullish, but extended.
STAR has moved aggressively from around 0.105 to 0.145. There is substantial liquidity above around 0.15–0.155 and support around 0.123–0.13.
My view: The trend is strong, but the risk/reward is worse after this run. 0.15–0.155 looks like the obvious liquidity target; a retracement toward 0.13 would be much more attractive.
