๐ด $STX SHOWING HEAVY EXHAUSTION AT RESISTANCE AS SELLERS TAKE CONTROL! ๐
Entry: 0.2262 โก
Target: 0.2172 - 0.1992 ๐
Stop Loss: 0.2442 โ ๏ธ
Buying power on $STX is rapidly drying up as price stalls hard against local overhead resistance. ๐ Bears are beginning to step in and absorb the upside bids, building momentum for a deeper liquidity sweep down into support.
๐ The risk profile favors the sell side here, with targets stacked down to 0.1992 while invalidation sits neatly above 0.2442. ๐ If sell-side pressure continues to weigh on order flow, this weakness could spark a clean leg lower.
๐ฌ Are you positioning for the short breakdown here or holding out for a deeper pullback? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #STX #ShortSetup #Crypto #Trading #Bearish
๐ด ๐
Entry: 0.2262 โก
Target: 0.2172 - 0.1992 ๐
Stop Loss: 0.2442 โ ๏ธ
Buying power on $STX is rapidly drying up as price stalls hard against local overhead resistance. ๐ Bears are beginning to step in and absorb the upside bids, building momentum for a deeper liquidity sweep down into support.
๐ The risk profile favors the sell side here, with targets stacked down to 0.1992 while invalidation sits neatly above 0.2442. ๐ If sell-side pressure continues to weigh on order flow, this weakness could spark a clean leg lower.
๐ฌ Are you positioning for the short breakdown here or holding out for a deeper pullback? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #STX #ShortSetup #Crypto #Trading #Bearish
๐ด ๐
