$STX Skyrockets to Daily High....
$STX is trading at $0.799, up +5.13% in the last 24 hours, after surging from a low of $0.729 to touch the daily high. The rally comes alongside news of an STX hardfork, which will increase circulating supply by 100M immediately and total supply by 500M over time, with annual inflation rising from 3.52% to an average of 5.75% over 5 years.
Entry Zone: $0.790 โ $0.795
Stop Loss: Below $0.775
Targets:
TP1: $0.810
TP2: $0.825
TP3: $0.850 if momentum continues
Strong buying pressure is visible, but traders should watch for volatility due to the supply increase announcement.