$STX 4h — SHORT Signal 🔴
Confluence of 12/14 indicators.
RSI 29.9 oversold — potential for an upward bounce; MACD histogram negative, bearish (-0.00192719); price below EMA26 4h (0.315367); 1h trend aligned downward; MTF: 7 of 8 TFs aligned downward; Bollinger position: lower band; volume 3.1x above average; holding at support 0.286500.
Chart patterns: Support Breakdown [bearish], Double Top (confirmed) [bearish].
Support 0.286500 | Resistance 0.319008
Entry: 0.288800
SL: 0.297971
TP1: 0.279629
TP2: 0.270457
TP3: 0.242943
Risk:Reward TP2 = 1:2.0
Leverage (isolated): safe at 6x, maximum 12x.
$STX #STX #Crypto
Not financial advice. Always DYOR.
Confluence of 12/14 indicators.
RSI 29.9 oversold — potential for an upward bounce; MACD histogram negative, bearish (-0.00192719); price below EMA26 4h (0.315367); 1h trend aligned downward; MTF: 7 of 8 TFs aligned downward; Bollinger position: lower band; volume 3.1x above average; holding at support 0.286500.
Chart patterns: Support Breakdown [bearish], Double Top (confirmed) [bearish].
Support 0.286500 | Resistance 0.319008
Entry: 0.288800
SL: 0.297971
TP1: 0.279629
TP2: 0.270457
TP3: 0.242943
Risk:Reward TP2 = 1:2.0
Leverage (isolated): safe at 6x, maximum 12x.
$STX #STX #Crypto
Not financial advice. Always DYOR.
