$STX /USDT BULLISH REVERSAL – EYEING A BREAK ABOVE $0.86!
Current Price: $0.842 (+9.49%)
Momentum: Strong bounce from support at $0.76 with solid volume. STX is gearing up for a potential breakout above resistance.
Key Levels to Watch:
Resistance Zones: R1: $0.855 – 24h high, immediate breakout level
R2: $0.89 – Next local resistance from previous consolidation
R3: $0.94 – Major resistance and target for bullish continuation
Support Zones:
S1: $0.82 – Minor intraday support
S2: $0.76 – Key base and recent bounce zone
Bullish Trade Setup (Long Entry):
Entry Zone: $0.83–$0.845 – Ideal on slight dip or breakout confirmation above $0.855
Take Profit Targets:
TP1: $0.89
TP2: $0.94
TP3: $1.00 – Psychological barrier
Stop Loss: $0.79 – Below key support and last consolidation area
Risk Management:
Risk only 2–3% of your capital
Use tight stop-loss due to recent volatility
Take partial profits at targets and trail stops to lock in gains
$STX is showing signs of bullish momentum after bouncing off strong support. A confirmed breakout above $0.855 could fuel the next leg higher. Bulls are back – don’t miss the ride!
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