Storj is currently testing a crucial resistance zone where a converging trendline meets horizontal price levels. This setup presents an interesting technical setup for traders monitoring the altcoin closely.

If the resistance holds and reverses, we'd expect to see the bears take control for a retest of support. However, a clean breakout above this confluence area could trigger a meaningful rally over the coming days, potentially attracting fresh buying interest.

The key here is watching how price reacts at this junction. Volume and momentum confirmation will be critical to validate any directional move. For those tracking Storj, this is definitely a price level worth monitoring closely in the near term.