$STX #STX 🚀
Direction: LONG
Entry zone: 0.345069 to 0.346453
Stop loss: 0.340575
Target 1: 0.352676
Target 2: 0.357863
Stacks is trading near 0.345761 dollars, up 3.97 percent in 24 hours, inside a range of 0.321276 to 0.351284 dollars, and the recent closes show buyers stepping back in after a dip, 0.342712, then 0.341805, then 0.344031, then 0.34509, then 0.345761. 🟢 My reading is that STX is the strongest gainer in the top 100 today, because it gained almost 4 percent on 24.9 million dollars of volume while Bitcoin was flat, and that kind of volume behind a move this big usually means real demand, not a thin pump. A long from the current zone, with a stop below 0.340575, targets 0.352676 first and then 0.357863 if momentum holds. A drop below 0.340575 kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does Stacks push to 0.352676 first, or fall below 0.340575? 🤔
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#Stacks #Crypto #FuturesTrading #TradingSignals