$STX — Vertical Pump Meets 0.3958 Ceiling, Mean-Reversion Flush Loading 📉
Trade Plan: Short $STX
Entry: 0.38 - 0.40
SL: 0.4181
TP: 0.3473 | 0.2923 | 0.2291
Why this Setup?
STX has made a sharp vertical expansion into the 0.3958 resistance area after reclaiming the 0.3473 zone, creating a stretched structure near the upper supply band. A rejection from this ceiling could unwind the recent impulse and send price through 0.3473, with deeper downside targets at 0.2923 and 0.2291. As long as 0.4181 holds, the bearish setup remains valid.
Trade $STX here 👇
Trade Plan: Short $STX
Entry: 0.38 - 0.40
SL: 0.4181
TP: 0.3473 | 0.2923 | 0.2291
Why this Setup?
STX has made a sharp vertical expansion into the 0.3958 resistance area after reclaiming the 0.3473 zone, creating a stretched structure near the upper supply band. A rejection from this ceiling could unwind the recent impulse and send price through 0.3473, with deeper downside targets at 0.2923 and 0.2291. As long as 0.4181 holds, the bearish setup remains valid.
Trade $STX here 👇
