STORJUSDT reclaims the monthly resistance
Storj / TetherUS BINANCE:STORJUSDT
The price got a rejection from the main resistance on 1.41$ where the market created a weekly resistance.
on the 4H timeframe, the price created a clear double top and got a rejection from the 1.414 Fibonacci EXT
How to approach?
The price is testing the daily support on 1.13 Fibonacci EXT level. The price needs to create a new breakout on the 4h resistance where the previous impulse started. IF and only IF the price is going to have a breakout from it, we could see a pullback unit the monthly resistance on 1.12$
