STEPN (GMT)-USDT
Greetings,
looking at this chart, it’s just wow. The creators and marketers of this project, you have to hand it to them. Two months of 50k% growth is something…53rd place in the CMC …
Technically we have an upward wedge , the price is testing its support at the moment. Let me remind newcomers that the rising wedge is a bearish pattern , and according to statistics it speaks about an approaching trend reversal. The double top is also not a good sign for the continuation of growth. A correction is needed. Possible scenarios: a smooth decline to the first support zone is the trading around the past resistance in the area of $2-2.4, the next support is a zone of $0.8 and from this zone again can expect a real reversal. By the way, the formation of the third top and putting the passengers back into the longs is also relevant.
Possible points on the short from a zone of 3,8-4$ at false breakdown of this zone and consolidation under it. Or at breakdown of a current support zone of $3-3.15.
Longs if you’re not a speculator, but more of an investor, I would not consider earlier than at a price in the area of $0.8-1, which will be a correction of about 80% of the highs.
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Always use STOP, and do not use leverage greater than x3.
A trader should always have tomorrow.

