$STAR
$STAR IS TRYING TO RECOVER! WHY?
Looking at the chart, the price bounced strongly from the 0.080 support zone after a sharp decline.
However, this doesn't look like a confirmed trend reversal yet. The recent move appears to be a short-term recovery.
The 0.140–0.150 area is acting as strong resistance. For this reason, the rally may struggle to continue.
My expectation is that it will rise a little more before facing another pullback.
$STAR IS TRYING TO RECOVER! WHY?
Looking at the chart, the price bounced strongly from the 0.080 support zone after a sharp decline.
However, this doesn't look like a confirmed trend reversal yet. The recent move appears to be a short-term recovery.
The 0.140–0.150 area is acting as strong resistance. For this reason, the rally may struggle to continue.
My expectation is that it will rise a little more before facing another pullback.