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STORJ Technical Setup: Falling Wedge Breakout Confirmed
The daily chart is painting an interesting picture for STORJ right now. A bullish falling wedge has already broken through resistance, backed by solid candlestick confirmation on the 1D timeframe. This kind of setup typically signals the start of a meaningful bullish move.
Traders are eyeing this bounce carefully—the confluence of technical factors suggests potential for substantial upside in the coming days. If momentum holds, we could see moves that push well into triple-digit percentage gains territory. The structure is clean, the break is fresh, and price action is building conviction.
Key to watch: volume confirmation and whether the breakout manages to hold above the wedge resistance. If it does, the next wave could be worth the attention.