$STX /USDT Market Overview — April 6, 2025
Current Price: $0.503
▼ -17.54% — Sharp Bearish Drop
24h Price Range:
High: $0.611
Low: $0.477
24h Volume:
STX: 14.18M
USDT: $7.55M → Heavy Selling Volume
Moving Averages:
Price is below all MAs → Bearish Structure
Resistance Levels:
$0.509 → MA(25)
$0.546 → Strong Resistance
$0.611 → Daily High
Support Levels:
$0.477 → Key Daily Low
$0.470 → Psychological Level
$0.450 → Next Possible Support
Indicators:
RSI: Likely Oversold → Rebound Risk
MACD: Strong Bearish
Volume: Extreme Sell Pressure
Trend Analysis:
Strong Bearish Trend Active
Major breakdown from $0.60+
Holding $0.477 support for now
Loss of $0.470 may trigger $0.45 - $0.40 zone
Trading Strategy:
Long Position (Short-term Rebound):
Entry: $0.477 - $0.490
Target: $0.509 → $0.546
Stop-loss: Below $0.470
Short Position (Trend Follow):
Entry: Break Below $0.470
Target: $0.450 → $0.430
Stop-loss: Above $0.509
Summary:
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