STG / TetherUS

STG keep ranging

342
Hi traders

STG got rejected at the key resistance.

Daily candle shows a lot of selling pressure. It's not something that we can ignore now.
In our opinion , the price will keep ranging for awhile and after that we will see more upside.
However, if the key support at 0,53 usdt fails, STG will dump much lower and we would be looking for a buy around 0,35 usdt.

2 possible scenarios are shown on the chart

Good luck

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.