The corrective wave down followed and SNT/USD yet again fond the support, this time at the 76.4% Fibs, that is $0.091. The strong has been formed between $0.087 and $0.091, and while it is holding, trend is likely to reverse to the upside.
Nearest resistance could be 61.8% Fibs retracement level, that is $0.15, which could provide a potential growth of 60% in the medium term. If that resistance is broken, an exponential growth by Status could take place.
It is important to watch the in general and $0.086 level in particular, as daily break and close would invalidate outlook and could result in a decline towards the previous support at $0.074