$STX Double Bottom Ignites Micro Rally.....
$STX bounced off a key 0.663 level, forming a short-term double bottom and now pushing upward with healthy 15m candles. Volume is building, and bulls are trying to reclaim momentum after the earlier dump from 0.738.
Long Trade Setup
• Entry Zone: 0.688 – 0.692
• Take Profit 1 (TP1): 0.705
• Take Profit 2 (TP2): 0.718
• Take Profit 3 (TP3): 0.735
• Stop Loss: Below 0.678
Market Insight:
This is a micro-reversal play with strong early interest (over 57% buy-side). If STX holds above 0.688 on volume, this setup can offer a clean R:R toward reclaiming previous highs. Watch closely for momentum confirmation.