ā” STX/USDT Trade Signal ā”
š¢ Position: Long (Higher Probability)
š Entry Zone: $0.765 - $0.780
š Average Entry: $0.772
ā Stop Loss: $0.745 (-3.50%) | 40%
šÆ Target Levels:
1ļøā£ $0.800 (+3.62%) | 90%
2ļøā£ $0.825 (+6.87%) | 85%
3ļøā£ $0.850 (+10.11%) | 80%
4ļøā£ $0.875 (+13.35%) | 75%
5ļøā£ $0.900 (+16.57%) | 70%
š Trade Setup & Analysis:
āļø EMA(7) crossing above EMA(25), indicating a potential bullish reversal
āļø MACD turning positive, suggesting increasing bullish momentum
āļø RSI at 48.3, showing room for upside movement before reaching overbought levels
āļø Stochastic RSI at 43.5, indicating a potential recovery from oversold conditions
āļø Volume picking up on price increases, confirming buyer interest
š Key Risks & Considerations:
ā ļø A break below $0.745 would invalidate the bullish setup
ā ļø If Bitcoin weakens, STX may struggle to hold support
ā ļø A quick dip to $0.765 before bouncing higher is possible
ā ļø Market volatility could lead to sudden price fluctuations
šø THIS IS MY ANALYSIS šø
š Please do your own research, and if it aligns with your strategy, then consider taking the trade.
ā ļø Disclaimer:
This setup is for informational purposes only and not financial advice. Cryptocurrency trading involves significant risk. Do your own research and consult a financial professional before making any investment decisions.