$STG MACRO STRUCTURE STILL UNDER PRESSURE
Weekly timeframe is telling the real story.
$STG continues to respect a long-term descending channel, printing consistent lower highs and lower lows. That’s not strength — that’s controlled distribution.
Right now what we’re seeing looks like a short-term recovery attempt… but zoom out and the broader structure is still bearish.
As long as price remains:
• Below the descending channel
• Below the $0.23 level on a strong weekly close
The macro bias stays to the downside.
This recent bounce?
For now, it looks corrective — not impulsive.
If bulls fail t