๐ Trade Setup: $STG /USDT (Long) - Technical Analysis Stargate Finance is setting up for a potential bullish continuation. The price has retraced into a high-demand zone and is showing signs of a reversal.
๐ Technical Setup:
* Support Retest: Price is holding the 0.158 - 0.160 major support block.
* Market Structure: $STG Break of Structure (BOS) observed on lower timeframes; looking for a higher low formation here.
* RSI: Reset into neutral/oversold territory, signaling potential momentum shift.
* Risk/Reward: Excellent 1:4.5 R:R ratio if targeting TP3.
๐ Trade Details $STG :
๐ต Entry Zone: 0.158 - 0.165
๐ฏ Take Profits:
1๏ธโฃ 0.172 (Quick Scalp)
2๏ธโฃ 0.1860 (Key Resistance)
3๏ธโฃ 0.2050 (Swing Target)
โ Stop Loss:
0.149 (Invalidation below recent swing low)
๐กFinal Notes
This trade setup is based on technical analysis and current market sentiment, but it is not a substitute for personalized financial advice. Always conduct your own research
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