$STG /USDT 📉
Price: 0.1466
24H Change: -10.88%
STG is currently in a clear short-term downtrend after getting rejected from the 0.2236 local top and forming consistent lower highs and lower lows on the 4H chart.
🔍 Key Observations:
• Strong rejection from 0.22 resistance zone
• Bearish structure intact below 0.158–0.162 supply
• RSI at 16.6 — heavily oversold territory
• Volume declining after the sell-off spike
📊 Key Levels:
Support: 0.1450 – 0.1350
Major Support: 0.1170
Resistance: 0.1580 – 0.1650
Breakout Resistance: 0.1820
📉 Scenario: As long as price stays below 0.158, bears remain in control. A breakdown below 0.145 could trigger a move toward 0.135 and possibly 0.117 support.
⚡ Bullish Reversal Trigger: Reclaiming 0.165 with strong volume could open a relief bounce toward 0.18+.
🧠 Strategy: Oversold bounce possible, but trend is still bearish — safer to wait for confirmation before long entries.
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