$STX is showing a strong breakout.
Price pushed cleanly above the $0.35–$0.36 resistance after several failed attempts and quickly reached around $0.389.
My view: momentum remains bullish while STX holds above the breakout zone. A healthy retest of $0.35–$0.36 could confirm it as new support.
Key levels: Support: $0.35–$0.36
Major support: $0.30–$0.31
Resistance: $0.40–$0.42
After such a sharp move, I wouldn’t chase the candle. I’d rather watch how buyers react on a pullback.
DYOR, not financial advice.
#STX #crypto #binance
Price pushed cleanly above the $0.35–$0.36 resistance after several failed attempts and quickly reached around $0.389.
My view: momentum remains bullish while STX holds above the breakout zone. A healthy retest of $0.35–$0.36 could confirm it as new support.
Key levels: Support: $0.35–$0.36
Major support: $0.30–$0.31
Resistance: $0.40–$0.42
After such a sharp move, I wouldn’t chase the candle. I’d rather watch how buyers react on a pullback.
DYOR, not financial advice.
#STX #crypto #binance