Technical analysis by CryptoAnalystSignal about Symbol STORJ: Buy recommendation (10/9/2024)

#STORJThe price is moving in a descending channel on the 4-hour frameAnd it is sticking to it wellWe have a bounce from the lower limit of the descending channel and we are now touching this support at a price of 0.3600We have a downtrend on the RSI indicator that is about to be broken, which supports the riseWe have a trend to stabilize above the moving average 100Entry price 0.3940First target 0.4390Second target 0.4720Third target 0.5092First target 0.4390 Reached Second target 0.4720 Reached Third target 0.5092 Reached