A signal.
$STX Daily RSI 82.3, overbought; weekly RSI 92.3, overbought. Current price: 0.4313. Up 3.8% in 24h.
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$STX Daily RSI 82.3, weekly RSI 92.3. Overbought on both timeframes. Current price: 0.4313. Up 3.8% in 24h.
Support: 0.41, 0.377. Resistance: 0.45, 0.46.
Funding rate: +0.0013%. Basically neutral, with little leverage sentiment on either side.
Current price: 0.4313. Bearish bias. Entry zone: 0.435–0.45; stop-loss: 0.465; target: 0.41; risk/reward ratio: about 2:1. Both the daily and weekly charts are overbought, so a short-term pullback after a rally is likely. 0.46 is the highest point in the last 30 four-hour candles; if it doesn't break through, that's the top.
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STX is quite volatile and has been trading in the 0.37–0.46 range for a month. The price is now above the middle band, and with both timeframes overbought, shorting looks more worthwhile than going long. No rush to go long before it pulls back to 0.41.
I'll keep an eye on it.
For a customized strategy, reach out to Nini.
#STX #超买 #RSI信号 #DailyWeeklyConfluence
$STX Daily RSI 82.3, overbought; weekly RSI 92.3, overbought. Current price: 0.4313. Up 3.8% in 24h.
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$STX Daily RSI 82.3, weekly RSI 92.3. Overbought on both timeframes. Current price: 0.4313. Up 3.8% in 24h.
Support: 0.41, 0.377. Resistance: 0.45, 0.46.
Funding rate: +0.0013%. Basically neutral, with little leverage sentiment on either side.
Current price: 0.4313. Bearish bias. Entry zone: 0.435–0.45; stop-loss: 0.465; target: 0.41; risk/reward ratio: about 2:1. Both the daily and weekly charts are overbought, so a short-term pullback after a rally is likely. 0.46 is the highest point in the last 30 four-hour candles; if it doesn't break through, that's the top.
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STX is quite volatile and has been trading in the 0.37–0.46 range for a month. The price is now above the middle band, and with both timeframes overbought, shorting looks more worthwhile than going long. No rush to go long before it pulls back to 0.41.
I'll keep an eye on it.
For a customized strategy, reach out to Nini.
#STX #超买 #RSI信号 #DailyWeeklyConfluence