STPT Retraced, Reversal LikelySTPTUSDT 12H.
The STPT token is an ERC-20 platform token that allows users to participate in events like airdrops, bounties, Micro Token Offerings, and virtual staking. Additionally, STPT can be used as a payment currency for services within the ecosystem.
Oct 5 there was a huge pump. It dropped down, bounced near GP, but bulls couldn't hold up, retested it and broke below GP slightly. Luckily the Bulls held strong at the Key Support level . Now that's a retracement that's near 65%.
Ranging between minor resistance and support level as seen on chart , with one attempt initially made to break up
Currently trading in the GP Zone .
Daily RSI TF is bullish .
Reversal is highly likely , high probability of upward movement again. Given BTC is stable, this idea will play out .
PS : Based on a follower's demand, I have analyzed this token.
Follow @CryptonKidd for more analysis and ideas.
