STORJ is currently oscillating around 0.147, having rebounded sharply from a low of 0.1401. The price has already surpassed the 7-day moving average (0.145), just reaching the 25-day moving average (0.147). However, the 99-day moving average (0.152) is still weighing overhead—short-term, it appears to be a recovery rebound, but to truly change the trend, it must first break through the 0.152 level.
Looking up, the direct resistance is in the range of 0.152 to 0.155, where both the 99-day moving average and the previous high point are located. If it can break through cleanly, the next stop might be 0.16 or even 0.17. As for going down? 0.140 is the first line of defense, and if it breaks, we might see around 0.13.
The trading volume significantly increased during the rebound, and the buying pressure is dominant, indicating that this recovery is not false. However, the key is whether it can stabilize above 0.152, as this would be a real signal for the bulls to gain strength.
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ChainMaskedRider
· 12-01 12:36
0.152 This level must be broken, otherwise it will be a Rebound sell point.
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MetaverseHermit
· 12-01 12:26
0.152 can't break through, it still feels useless.
STORJ is currently oscillating around 0.147, having rebounded sharply from a low of 0.1401. The price has already surpassed the 7-day moving average (0.145), just reaching the 25-day moving average (0.147). However, the 99-day moving average (0.152) is still weighing overhead—short-term, it appears to be a recovery rebound, but to truly change the trend, it must first break through the 0.152 level.
Looking up, the direct resistance is in the range of 0.152 to 0.155, where both the 99-day moving average and the previous high point are located. If it can break through cleanly, the next stop might be 0.16 or even 0.17. As for going down? 0.140 is the first line of defense, and if it breaks, we might see around 0.13.
The trading volume significantly increased during the rebound, and the buying pressure is dominant, indicating that this recovery is not false. However, the key is whether it can stabilize above 0.152, as this would be a real signal for the bulls to gain strength.