$STX
The daily chart is forming a potential inverse head-and-shoulders pattern. After a strong rebound from 0.12, it is now building the right shoulder, with buying pressure gradually increasing. The 0.47 neckline is key resistance. The upside target is 0.90; the support zone is 0.25–0.28; the breakout zone is 0.45–0.47.
This asset has a chance to reverse its trend, so bulls should keep a close eye on it.
The daily chart is forming a potential inverse head-and-shoulders pattern. After a strong rebound from 0.12, it is now building the right shoulder, with buying pressure gradually increasing. The 0.47 neckline is key resistance. The upside target is 0.90; the support zone is 0.25–0.28; the breakout zone is 0.45–0.47.
This asset has a chance to reverse its trend, so bulls should keep a close eye on it.
