๐จ $STX /USDT โ Oversold and Squeezing? A Reversal May Be Brewing โก
$STX is holding at $0.661 (+0.76%), slightly up from its $0.655 support zone. With RSI dipping below 30, the coin looks oversoldโbut is a bounce coming, or more pain ahead? Letโs break it down ๐
๐ Market Overview
๐ Current Price: $0.661
๐ 24h High: $0.671
โ๏ธ 24h Low: $0.655
๐ Parabolic SAR: Near $0.665 โ bearish trend softening
๐ MACD Momentum:
Bearish pressure easing slightly
24h Vol: 63.7K STX | $1.22M USDT
๐ RSI (6): 28.74 (๐ป Oversold territory โ watch for reversal signs)
๐ STX Trade Setup โ Key Levels to Watch
๐น Bullish Scenario (If STX Holds Above $0.655):
Entry: Above $0.665
Targets: $0.706, $0.738, $0.748
Stop-Loss: $0.640
๐น Bearish Scenario (If STX Breaks Below $0.640):
Entry: Below $0.638
Targets: $0.625, $0.584, $0.552
Stop-Loss: $0.670
๐ Should You Hold or Sell?
โ RSI below 30 = oversold bounce is possible
โ ๏ธ MACD still showing weaknessโneed confirmation
๐ Volume moderate = wait for breakout from $0.665โ$0.671 zone
๐ก Pro Tip:
๐ Strong reclaim above $0.671 with rising volume = rapid climb to $0.70+
โ ๏ธ Breakdown under $0.640 could trigger sharp drop toward $0.58 range
๐ข Are you watching STX for a bounce play or waiting for a safer setup? Letโs talk levels below!
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