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Summary
• Price action consolidated around 0.1060–0.1070, with a bullish breakout above 0.1070 in the final 5-minute candle.
• RSI remains within neutral territory, but upward momentum appears to be building after a period of consolidation.
• Volume spiked during the 16:00–17:00 ET window, coinciding with a key breakout above 0.1070.
• Bollinger Bands show tightening volatility before a sharp move, suggesting a potential breakout continuation.
• A bullish engulfing pattern formed at 0.1070, supporting near-term follow-through buying.
Stargate Finance/Tether (STGUSDT) opened at 0.1071 on 2025-12-31 at 12:00 ET and closed at 0.1081 on 2026-01-01 at 12:00 ET. The 24-hour high reached 0.1082, while the low was 0.1044. Total volume amounted to 1,110,647.1, with a notional turnover of 119,437.81 USD.

Applying Fibonacci retracements to the 0.1044–0.1082 swing, the 0.1070 level corresponds closely to the 61.8% retracement level, which has now been taken out as a potential support. The 0.1060 level, near the 38.2% retracement, may continue to offer near-term support.
The forward-looking observation suggests that the breakout above 0.1070 could gain further traction if volume and momentum remain aligned. However, a pullback toward 0.1060 may test this new support zone, and traders should remain cautious of potential consolidation or a reversal if volume wanes.
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