STX is perched on a fragile support after a 12% rally, and the market is watching for the next break. A fresh wave of institutional buying could flip the script in minutes.

🔴 $STX SHORT 📉
Entry $0.238461-$0.238939 | SL $0.245861 (-3.0%) | TP1 $0.235119 (+1.5%) | TP2 $0.226765 (+5.0%) | R/R 1:1.7 | Conf 64%

The chart flipped when the price smashed the previous swing low, delivering a CHoCH that lined up with a bullish CVD spike. A fair value gap and a strong order block sit right under the current price, while a liquidity sweep cleared the short side, creating a POI where the OB and FVG overlap. All signs point to a short bias with a 64% confidence edge.

A 3.0% stop is fairly tight on a coin that can swing 5% intraday, so keep leverage modest – around 2‑3x.

Lock in half the position once price hits the first target to lock profit.

Not financial advice — always manage your own risk 🙏

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