After 154% gains in 24 hours, Stader crypto faces pullback – Is the rally over?
- Stader crypto retained its bullish structure on the 4-hour chart.
- Short-term holders in profit could contribute to SD’s drop below $1 support.
Stader [SD] crypto had been in a steady downtrend in September and October. It sustained losses worth 47.5% from the 7th of August to the 2nd of November. Since then, Stader crypto has rallied a whopping 250.7% in six days.
At its peak at $1.5, SD had registered gains worth 414.1% in just over five days. The pullback of the past 12 hours was part of a healthy uptrend, but how deep will this pullback reach?
Stader set to decline below the $1 mark?
Source: SD/USD on TradingView
At press time, both the psychological round number levels of $1.5 and $1 were key. $1.5 formed the local…
