نشر
$STX — Rejection at local supply, bearish structure remains dominant.
Short $STX
Entry: 0.286 – 0.295
SL: 0.305
TP1: 0.27
TP2: 0.261
TP3: 0.249
STX is currently facing a clean rejection from its local resistance zone near $0.294, where sellers stepped in with significant force earlier today. The broader technical structure for Stacks is heavily weighted to the downside, with both the 50-day and 200-day moving averages sloping downward, indicating a weak and deteriorating trend. Market sentiment has shifted into "Extreme Fear" with a score of 14, as traders brace for potential further downside across the Bitcoin L2 ecosystem. With the price struggling to find acceptance above the $0.30 psychological barrier, we expect a continuation lower to retest the crucial macro support levels at $0.270 and $0.245. Until a decisive reclaim of the 50-day EMA occurs, the path of least resistance remains skewed toward the downside targets.
Trade $STX here 👇
{future}(STXUSDT)
Short $STX
Entry: 0.286 – 0.295
SL: 0.305
TP1: 0.27
TP2: 0.261
TP3: 0.249
STX is currently facing a clean rejection from its local resistance zone near $0.294, where sellers stepped in with significant force earlier today. The broader technical structure for Stacks is heavily weighted to the downside, with both the 50-day and 200-day moving averages sloping downward, indicating a weak and deteriorating trend. Market sentiment has shifted into "Extreme Fear" with a score of 14, as traders brace for potential further downside across the Bitcoin L2 ecosystem. With the price struggling to find acceptance above the $0.30 psychological barrier, we expect a continuation lower to retest the crucial macro support levels at $0.270 and $0.245. Until a decisive reclaim of the 50-day EMA occurs, the path of least resistance remains skewed toward the downside targets.
Trade $STX here 👇
{future}(STXUSDT)
إخلاء المسؤولية: تتضمن آراء أطراف خارجية. ليست نصيحةً مالية. يُمكن أن تحتوي على مُحتوى مُمول. اطلع على الشروط والأحكام.