đą STXUSDT â FUTURES LONG
Entry Zone: $0.3220 - $0.3250
Stop Loss: $0.3140
TP1: $0.3380
TP2: $0.3500
TP3: $0.3580
R:R: 1:1.53 to TP1, 1:2.79 to TP2, 1:3.63 to TP3 (midpoint $0.3235)
TF: 4H
This one is conditional â STX is trading around $0.331 at publication, so the trade only starts on a pullback into the $0.3220-$0.3250 zone. STX broke out on 31 October on very heavy volume, then spent the last day holding above $0.318, with 1H lows stepping up through $0.318, $0.321 and $0.323 instead of giving the breakout back.
Why I like this one: that $0.3220-$0.3250 zone is not a random level â price has bounced off it again and again since the breakout, so a pullback there is buying a tested floor, not chasing the top. If buyers hold it, the first target is $0.3380, then $0.3500, and $0.3580 near the 31 October high if momentum keeps going.
Invalidation: a 4H close below $0.3140 breaks the support structure and voids this idea â that is below the whole $0.318-$0.325 support zone, so do not hold the long past that.
Analysis Only â Not Financial Advice (NFA). Trading involves risk.
Follow Profit Direction for more signals, best signals and market updates. Share your opinion in the comments.
#STX #STXUSDT #CryptoTrading #FuturesTrading
Entry Zone: $0.3220 - $0.3250
Stop Loss: $0.3140
TP1: $0.3380
TP2: $0.3500
TP3: $0.3580
R:R: 1:1.53 to TP1, 1:2.79 to TP2, 1:3.63 to TP3 (midpoint $0.3235)
TF: 4H
This one is conditional â STX is trading around $0.331 at publication, so the trade only starts on a pullback into the $0.3220-$0.3250 zone. STX broke out on 31 October on very heavy volume, then spent the last day holding above $0.318, with 1H lows stepping up through $0.318, $0.321 and $0.323 instead of giving the breakout back.
Why I like this one: that $0.3220-$0.3250 zone is not a random level â price has bounced off it again and again since the breakout, so a pullback there is buying a tested floor, not chasing the top. If buyers hold it, the first target is $0.3380, then $0.3500, and $0.3580 near the 31 October high if momentum keeps going.
Invalidation: a 4H close below $0.3140 breaks the support structure and voids this idea â that is below the whole $0.318-$0.325 support zone, so do not hold the long past that.
Analysis Only â Not Financial Advice (NFA). Trading involves risk.
Follow Profit Direction for more signals, best signals and market updates. Share your opinion in the comments.
#STX #STXUSDT #CryptoTrading #FuturesTrading
