$STX is up 11% in 24h to ~$0.3558 at 11:24 ICT (Binance), back above the 1D EMA20 and EMA50. Wilder RSI 1D ~56 / 4H ~65.
Catalyst: BitGo (NYSE: BTGO) opened Bitcoin Staking via Stacks to institutional clients on Nov 3. The BTC stays in qualified custody, but each position has to lock STX worth 5% of the BTC. Access is whitelisted for now, and Bond 3 is expected around Nov 10.
Bid $0.3340–0.3390 (1D EMA20 + Nov 2–3 highs)
First support $0.3474–0.3502
TP1 $0.3657–0.3667 · TP2 $0.3839–0.3851
Out: 4H close < $0.3180
From $0.3365 (risk ~5.8%): ~1.5R / ~2.4–2.5R. Chasing $0.3558 gives only ~0.3–0.3R to TP1.
Does $STX retest $0.3365, or break $0.3667 first? 👇
NFA. DYOR.
Catalyst: BitGo (NYSE: BTGO) opened Bitcoin Staking via Stacks to institutional clients on Nov 3. The BTC stays in qualified custody, but each position has to lock STX worth 5% of the BTC. Access is whitelisted for now, and Bond 3 is expected around Nov 10.
Bid $0.3340–0.3390 (1D EMA20 + Nov 2–3 highs)
First support $0.3474–0.3502
TP1 $0.3657–0.3667 · TP2 $0.3839–0.3851
Out: 4H close < $0.3180
From $0.3365 (risk ~5.8%): ~1.5R / ~2.4–2.5R. Chasing $0.3558 gives only ~0.3–0.3R to TP1.
Does $STX retest $0.3365, or break $0.3667 first? 👇
NFA. DYOR.
