📊 STX Technical Analysis – Is a Rebound Coming? 🔍
Stacks (STX) is trading near $0.66, showing signs of a potential reversal after breaking out from a long-term descending wedge 📈.
🔹 Support Zone: $0.60
🔹 Resistance Levels: $0.70 – $0.80
🔹 RSI: Neutral zone (no overbought/oversold)
🔹 MACD: Weak momentum but bottoming
🔹 Trend: Mixed – short-term consolidation, mid-term bullish bias
STX remains a Bitcoin Layer-2 leader, and as the BTC narrative regains momentum, STX could follow with strong upside. Watch the $0.60 zone—if it holds, bulls might push toward $0.80+ in the next rally.
🧠 Strategy tip: Accumulate on dips, but manage risk with tight stops.