Quiet alpha: $STX is getting flushed, but this is exactly why it’s on my radar. 👀
Down 12.3% today to $0.3273, with the last 4h down 10.4%. RSI is 32, yet volume is only 0.4x the 20d average. That looks more like exhaustion than real conviction.
Still ugly.
$BTC weakness isn’t helping, and longs are paying 0.010% funding. If $STX tags $0.30, I’m watching for a reclaim, not chasing the first wick. @hirockbtc stays interesting while MAs chop.
#STX #Layer2
Down 12.3% today to $0.3273, with the last 4h down 10.4%. RSI is 32, yet volume is only 0.4x the 20d average. That looks more like exhaustion than real conviction.
Still ugly.
$BTC weakness isn’t helping, and longs are paying 0.010% funding. If $STX tags $0.30, I’m watching for a reclaim, not chasing the first wick. @hirockbtc stays interesting while MAs chop.
#STX #Layer2