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STGUSDT trade ideas

STGUSDT rejected by daily resist, may bounce from hourly supportThe price has bounced well from the daily support zone DS1 and hit the daily resistance level DR1. From that resistance level DR1, the price is experiencing a pullback which might lead the price to reach upto hourly support zone 1HS1. I expect the price to bounce from there again to ai, the daily resistance DR1 and therefore a long shall be favorable from that support 1HS1. I also expect the price to aim for the confluence of monthly and weekly resistance MR1+WR1 sooner or later. But lets first look at the first target of DR1.
Long
by angela_altair
STGUSDT Bullish Scenario: Potential 34% Increase#STGUSDT continues to show a strong long-term uptrend, which has been validated by the recent bounce off the uptrend trendline. This is a bullish signal and indicates that the price of #StargateFinance is likely to continue its upward trajectory in the near future. Additionally, the recent rejection of the 88.6% Fibonacci support level, which also corresponds to the VolumeProfile support, further strengthens the bullish scenario. This indicates that there is significant demand for #STG at this price level and that buyers are stepping in to support the market. Overall, the $0.70 price level is a critical demand zone for #STG, and as long as it holds, we can expect the price to continue its upward momentum towards the April high. This presents a potential 34% price increase in the mid-term, making it an attractive opportunity for traders and investors alike.
Long
by MyCryptoParadise
STGUSDTHow do you do, *Mars Signals Team wishes you high profits* This is a one-day-time frame analysis for STGUSDT Clearly, R4, R3, and R2 are the resistance areas in this chart with their presentation of the disability of the price to rise at several points. R1 used to be a support area. And S1 is our support area at the bottom that contains the support of price at some different points. As it is shown in the chart, the price experienced a severe fall down to S1 and by the time it was not able to rise above R3 at several points, it had a rejection and decline each time after touching the mentioned area. Then when it was rejected at R3 for the last time and by receiving support at S1, it rose again toward our first resistance area. Thus, it is fluctuating in R1 area now and we predict it to provide us two scenarios. One of them is breaking R1 upward and by giving us some fixation and fluctuation, more rise is there for it to touch higher amounts including R2 or R3. But by the time the price falls below R1 and loses the support, definitely more decline will happen then. According to the chart, we believe the price would have some correction and it is possible to fall toward S1 and then start another rise upward. Please consider the market situation in lower time frames and then decide what to do exactly. We suggest you to save your profits in the resistance areas due to the fact that in the decline of the price, you will not have so much loss. Keep moving with our updates and analyses to have multiple pieces of information and ideas. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
by MarsSignals
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