$STX: Breaks Out of Falling Wedge Pattern: Targets Set Higher
LONG SETUP STX
Entry: $0.40600 - $0.40750
Stop Loss: $0.39220
Take Profit: $0.43585 (2R)
Key Levels: Support $0.39430 | Resistance $0.41260
Technical Analysis for $STX: Price sits above all EMA lines (9200) and MACD histogram is positive, confirming upward momentum. ADX at 33 signals a strong trend, while Stochastic K at 76 shows bullish pressure. RSI near 60 avoids overbought territory. The pair respects the 0.39430.4126 swing band, favoring a long bias overall view today.
Market Context: BTC is trading bullish on the 4h and 1d mixed trends, while 80% of the market is green, indicating broadly positive sentiment.
LONG $STX
LONG SETUP STX
Entry: $0.40600 - $0.40750
Stop Loss: $0.39220
Take Profit: $0.43585 (2R)
Key Levels: Support $0.39430 | Resistance $0.41260
Technical Analysis for $STX: Price sits above all EMA lines (9200) and MACD histogram is positive, confirming upward momentum. ADX at 33 signals a strong trend, while Stochastic K at 76 shows bullish pressure. RSI near 60 avoids overbought territory. The pair respects the 0.39430.4126 swing band, favoring a long bias overall view today.
Market Context: BTC is trading bullish on the 4h and 1d mixed trends, while 80% of the market is green, indicating broadly positive sentiment.
LONG $STX