STX is battling a fresh downtrend as buyers lose momentum. The recent break below the 4‑hour swing low flips the bias to bearish.
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🔴 $STX SHORT 📉
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📍 Entry Range: $0.333067 – $0.333733
🛑 Stop Loss: $0.343402 (-3.0%)
🎯 TP1: $0.328399 (+1.5%)
🏆 TP2: $0.316730 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 64%
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A change of character erupted on the 15‑minute chart, breaking the prior higher low and exposing a bearish order block that sits inside a fair‑value gap. Volume delta turned sharply negative, confirming the direction, while a liquidity sweep erased the remaining long stops. The overlap of the order block and FVG creates a strong point of interest for a short entry.
A 3 % stop is fairly tight in this range, so keep leverage around 2‑3× to protect your margin.
Consider scaling out half the position at the first profit target to lock in early gains.
Not financial advice — always manage your own risk 🙏
$STX #STXUSDT #THORChain #TradingSignals #Write2Earn
━━━━━━━━━━━━━━━━━━━━━
🔴 $STX SHORT 📉
━━━━━━━━━━━━━━━━━━━━━
📍 Entry Range: $0.333067 – $0.333733
🛑 Stop Loss: $0.343402 (-3.0%)
🎯 TP1: $0.328399 (+1.5%)
🏆 TP2: $0.316730 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 64%
━━━━━━━━━━━━━━━━━━━━━
A change of character erupted on the 15‑minute chart, breaking the prior higher low and exposing a bearish order block that sits inside a fair‑value gap. Volume delta turned sharply negative, confirming the direction, while a liquidity sweep erased the remaining long stops. The overlap of the order block and FVG creates a strong point of interest for a short entry.
A 3 % stop is fairly tight in this range, so keep leverage around 2‑3× to protect your margin.
Consider scaling out half the position at the first profit target to lock in early gains.
Not financial advice — always manage your own risk 🙏
$STX #STXUSDT #THORChain #TradingSignals #Write2Earn