Pejmanzwin(@pejmanzwin)'s insights

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--Bearish

STX Drops 10% — Target Hit
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Stacks reacted exactly from the area I was watching.
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$STX faced strong selling pressure from the Resistance Zone ($0.350-$0.384) and the key $0.37 level.
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From there, price dropped more than 10% and reached my target.
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Now my focus shifts to $0.32.
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If STX breaks and holds below this level, I would expect the correction to extend further.
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Target hit — now the next reaction matters.
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What do you think comes next?
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🟢 Bounce from $0.32
🔴 Breakdown and deeper correction

Pejmanzwin

Bearish

Stacks Gets a BitGo Boost — But Is a 10% Correction Next?
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Stacks just received an important fundamental catalyst.
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BitGo introduced Bitcoin Staking through Stacks for eligible institutional clients, and each BTC position requires STX equal to 5% of the bonded Bitcoin’s value.
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Around 735 BTC has already been bonded across the first two rounds — a positive development for the Stacks ecosystem and potentially for $STX demand.
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But after the recent rally, the chart is telling me to be cautious.
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STX is now inside the Resistance Zone ($0.350-$0.384), near the key $0.37 level and Short Liquidation area ($0.379-$0.402).
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I expect selling pressure here and a possible correction of at least 10% toward $0.325.
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For me, the story is simple: stronger fundamentals, but price has run directly into resistance.
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Would you rather see STX correct toward $0.325 first, or break above $0.40?

STX-3.30%