$STX Today this upside move is indeed not small. There are several key points on the chart worth paying attention to.
The moving average system is clearly in a bullish alignment. EMA7 is already noticeably above EMA25, and the price is trading below the upper band of the Bollinger Bands, suggesting the overall trend is strong. However, Stoch RSI is reading 93 and has already entered the overbought zone—this is a bit contradictory: the price is still rising, but the indicator is already overbought.
If it can find support in the 0.222–0.228 range, there may be room for further upside. But if it breaks below 0.2057, then the current bullish logic would no longer hold.
The funding rate is slightly negative, indicating that short-term bears have some advantage. But the fact that volume continues to flow in suggests buying power is still strong.
This is only for chart observation and scenario analysis, not a record of trading actions.
$STX #永续合约 #现货 #BullMarket
The moving average system is clearly in a bullish alignment. EMA7 is already noticeably above EMA25, and the price is trading below the upper band of the Bollinger Bands, suggesting the overall trend is strong. However, Stoch RSI is reading 93 and has already entered the overbought zone—this is a bit contradictory: the price is still rising, but the indicator is already overbought.
If it can find support in the 0.222–0.228 range, there may be room for further upside. But if it breaks below 0.2057, then the current bullish logic would no longer hold.
The funding rate is slightly negative, indicating that short-term bears have some advantage. But the fact that volume continues to flow in suggests buying power is still strong.
This is only for chart observation and scenario analysis, not a record of trading actions.
$STX #永续合约 #现货 #BullMarket