STG/USDT - Descending Trendline, Breakout or Fakeout?On the 1W (Weekly) timeframe, STG/USDT is still trading below a long-term Descending Trendline that has been suppressing price action since the 2023 peak. 📉 This trendline acts as a dynamic resistance, continuously creating Lower Highs (LH) and maintaining a bearish market structure over the long term.
However, the chart is beginning to show signs of recovery after forming a stronger base in the lower price region. 🔄 STG is currently testing a key resistance zone that coincides with the descend
SLong























