$STX
🚀 STX Surge Riding SIP‑031 & Bitcoin Layer‑2 Momentum
📌 Price: ~$0.72 (+10% intraday) — up $66M) — signaling bullish trader positioning
🔹 Catalyst: SIP-031 infrastructure upgrade voting has sparked optimism—stacking developer and community enthusiasm
🔹 Technicals: MACD just flipped positive; RSI ~53 — indicators are aligned for continuation toward ~$0.80 resistance
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🎯 Trade Strategy (Binance Spot)
Scenario Entry Trigger Targets Stop-Loss
🟢 Breakout Close > $0.80 with 2× volume $0.90 → $1.00 < $0.75
🐾 Dip Entry Buy near $0.67–$0.70 (post-bounce) Same targets < $0.65
🔻 Bearish Drop below $0.67 on volume $0.60 → $0.55 > $0.72
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🧠 Why It’s Working
Upgrade momentum: SIP‑031 vote is pushing sentiment and derivatives OI higher
Structural bounce: Strong recovery from $0.50 support shows base formation
Indicators aligned: MACD crossover + RSI above 50 → signals trend shift
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⚡ Pro Tips for Traders
1. Volume is essential — confirm breakouts above $0.80 with 2× avg volume.
2. Scale out at $0.90 and $1.00 to lock profits.
3. Tight stop keeps risk low if price drops below recent bounce range.
4. Track upgrade vote results — full implementation could be a strong catalyst.
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