STPT is newly listed coin on Binance future….. As we can see, STPT broke down the support trend line on 4hrs TF and currently I have two scenarios I’m looking at that STPT might want to play out….
Scenario 1: We will see a good move from here to reclaim the support trend line and break above the resistance again for another move to the upside as indicated in the chart
Scenario 2: We are going to see a bearish retest of the broken trend line and start seeing some little sell off in price to the 4hrs support which is indicated in the chart….
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Scenario 1: We will see a good move from here to reclaim the support trend line and break above the resistance again for another move to the upside as indicated in the chart
Scenario 2: We are going to see a bearish retest of the broken trend line and start seeing some little sell off in price to the 4hrs support which is indicated in the chart….
Follow for more market update and can chat me up